The 2012 box office receipts for the movie The Avengers were $1,515.8 million. By way of comparison, the 1977 receipts for Star Wars were $798.0 million. If the Consumer Price Index was 60.6 in 1977 and 229.6 in 2012, which of the following is true?
A) The real receipts of The Avengers were almost four times greater than those for Star Wars.
B) The real receipts of Star Wars were nearly two times greater than those for The Avengers.
C) The real receipts of The Avengers were one-third of those for Star Wars.
D) The real receipts of Star Wars were about 33 percent greater than those for The Avengers.
Correct Answer:
Verified
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