In 1979,the price of gasoline was $1.389 per gallon and the CPI was 72.6.In 2003,the price of gasoline was $1.589 per gallon and the CPI was 182.9.Find the real price of gasoline in 1979 and 2003 in terms of base period dollars.

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The Answer of In 1979,the price of gasoline was $1.389 per gallon and the CPI was 72.6.In 2003,the price of gasoline was $1.589 per gallon and the CPI was 182.9.Find the real price of gasoline in 1979 and 2003 in terms of base period dollars.

In 1979,the Price of Gasoline Was $1