IDNLearn.com is designed to help you find the answers you need quickly and easily. Join our community to receive timely and reliable responses to your questions from knowledgeable professionals.
The following shows the Consumer Price Index (CPI) for the years 1990–1992. All of the values use a reference year of 1985.
Year CPI
1990 114
1991 130
1992 145
Which of the following is true about the CPI, based on the information?
a.)
$100 in 1990 would have been worth $114 in 1985.
b.)
$100 in 1991 would have been worth $100 in 1990.
c.)
$100 in 1992 would be equivalent to $130 in 1991.
d.)
$100 in 1985 would be equivalent to $145 in 1992.
Sagot :
Your presence in our community is highly appreciated. Keep sharing your insights and solutions. Together, we can build a rich and valuable knowledge resource for everyone. Thank you for visiting IDNLearn.com. We’re here to provide clear and concise answers, so visit us again soon.
