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The CPI (Using a 2000 Base Year) for 1965 Is

Question 80

Multiple Choice

The CPI (using a 2000 base year) for 1965 is 26.0. Suppose a household's annual take-home pay in 1965 was $8,320. What would be an equivalent home pay in 2000?


A) $10,483.
B) $21,632.
C) $23,680.
D) $32,000.

Correct Answer:

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