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Today, the Wendy's Junior Cheeseburger Deluxe Is on the "Right

Question 9

Multiple Choice

Today, the Wendy's Junior Cheeseburger Deluxe is on the "Right Price Right Size" menu and is priced at $1.19. If the CPI in 1979 was 37.2 and the CPI in 2012 was 117.6, what is the price of a 2012 cheeseburger in 1979 dollars?


A) $2.66
B) $1.07
C) $1.01
D) $0.38
E) $3.76

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