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The CPI Was 172 in 2007,and the CPI Was 46

Question 12

Multiple Choice

The CPI was 172 in 2007,and the CPI was 46.5 in 1982.If your parents put aside $1,000 for you in 1982,then how much would you have needed in 2007 in order to buy what you could have bought with the $1,000 in 1982?


A) $270.35
B) $1,255.00
C) $2,698.92
D) $3,698.92

Correct Answer:

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