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When Electronic Digital Wristwatches Were First Introduced in 1972 They

Question 13

Multiple Choice

When electronic digital wristwatches were first introduced in 1972 they were priced at $2,100.If the CPI in 1972 was 42 and the CPI in 2019 is 275,then this price is equivalent to approximately ______________________in 2019 dollars.


A) $20,950
B) $11,650
C) $13,750
D) $245
E) $321

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