exactly three times as much to ODI tO GDP but a CD player does not contribute...

Question

Question

business economics

Answer 1

Answer #1

Solution:

A. $2.50 in today's dollars.
Working: CPI Current year/ CPI base year * Price index
= 177/17.7 * $0.25 = $2.50

B. $202.67 in today's dollars.
Working: 177/13.1* $15.00 = $202.67

C. $1.93 in today's dollars.
Working: 177/17.4 * $0.19= $1.93

Answer 2

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