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If the CPI Was 90 in 1975 and Is 225

Question 164

Multiple Choice

If the CPI was 90 in 1975 and is 225 today, then $100 today purchases the same amount of goods and services as


A) $25.00 purchased in 1975.
B) $33.33 purchased in 1975.
C) $40.00 purchased in 1975.
D) $135.55 purchased in 1975.

Correct Answer:

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