Multiple Choice
Suppose today's CPI is 134.85,and suppose one must spend $580 today to purchase the same basket of goods and services that could be bought for $400 in 1989.Then the CPI in 1989 was
A) 24.27.
B) 60.68.
C) 93.00.
D) 195.53.
Correct Answer:
Verified
Correct Answer:
Verified
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