In 1972 in Sarnia, Ontario, one could buy a bag of chips, a pound of hamburger, a package of buns, and a small bag of charcoal for about $2.50. If the same goods today cost about $6.00, which of the following sets of CPIs would make the cost in today's dollars the same for both years?
A) 60 in 1972 and 150 today
B) 65 in 1972 and 156 today
C) 90 in 1972 and 145.8 today
D) 100 in 1972 1nd 41.67 today
Correct Answer:
Verified
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