In 1964 in London, Ontario, one could buy a chili dog and a root beer for $1.25; today the same chili dog and root beer cost $3.75. Which of the following sets of CPIs would mean that the cost in today's dollars was the same as in 1964?

Question

Quizplus · Accepted Answer

The Answer of In 1964 in London, Ontario, one could buy a chili dog and a root beer for $1.25; today the same chili dog and root beer cost $3.75. Which of the following sets of CPIs would mean that the cost in today's dollars was the same as in 1964?

In 1964 in London, Ontario, One Could Buy a Chili