If the CPI is 200 for the year 2010 and 300 today, then $600 in 2010 has
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If the CPI is 200 for the year 2010 and 300 today, then $600 in 2010 has the same purchasing power as ________ has today.
a. $400
b. $500
c. $700
d. $900
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The correct answer is a 400 Heres why The Consumer Price Index CPI measur...View the full answer
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