Multiple Choice
Scenario 24-2
The price tag on a golf ball in 1975 read $0.20,and the price tag on a golf ball in 2005 read $2.00.The CPI in 1975 was 52.3,and the CPI in 2005 was 191.3.
-Refer to Scenario 24-2.The price of a 1975 golf ball in 2005 dollars is
A) $0.05.
B) $0.53.
C) $0.73.
D) $2.00.
Correct Answer:

Verified
Correct Answer:
Verified
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