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If the CPI Was 108 in 1942 and Is 420

Question 268

Multiple Choice

If the CPI was 108 in 1942 and is 420 today,then $10 in 1942 purchased the same amount of goods and services as


A) $2.57 purchases today.
B) $28.89 purchases today.
C) $31.20 purchases today.
D) $38.89 purchases today.

Correct Answer:

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