If the CPI was 95 in 1955 and is 475 today,then $100 today purchases the same amount of goods and services as
A)$4.75 purchased in 1955.
B)$20.00 purchased in 1955.
C)$95.00 purchased in 1955.
D)$500 purchased in 1955.

Name: If the CPI was 95 in 1955 and is 475 today,then $100 today purchases the same amount of goods and services as A)$4.75 purchased in 1955. B)$20.00 purchased in 1955. C)$95.00 purchased in 1955. D)$500 purchased in 1955.
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Question

Quizplus · Accepted Answer

The Answer is B

If the CPI Was 95 in 1955 and Is 475