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and services change over time. ThisConsumer Price Index gives changes in prices for people living in cities and urban areas from 1915 to 2010. Consumer
and services change over time. ThisConsumer Price Index gives changes in prices for people living in cities and urban areas from 1915 to 2010. Consumer Price Index CPI 250 200 150 100 50 0 1915 1920 1925 1930 1935 1940 1945 1950 1955 1960 1965 1970 1975 1980 (12) What was the approximate relative change in the CPI from 1975 to 1995? (13) If a loaf of bread cost $1.00 in 1975, what would we have expected it to cost in 1995? (14) The CPIs for the years 2005 and 2013 are given in the table below. Year CPI 2005 195.3 230.2 2013 Remember that the Consumer Price Index for Urban consumers (CPI) shows how the prices for goods and services change over time for people living in cities). The cost of a gallon of gas was $2.75 in 2005 and services change over time. ThisConsumer Price Index gives changes in prices for people living in cities and urban areas from 1915 to 2010. Consumer Price Index CPI 250 200 150 100 50 0 1915 1920 1925 1930 1935 1940 1945 1950 1955 1960 1965 1970 1975 1980 (12) What was the approximate relative change in the CPI from 1975 to 1995? (13) If a loaf of bread cost $1.00 in 1975, what would we have expected it to cost in 1995? (14) The CPIs for the years 2005 and 2013 are given in the table below. Year CPI 2005 195.3 230.2 2013 Remember that the Consumer Price Index for Urban consumers (CPI) shows how the prices for goods and services change over time for people living in cities). The cost of a gallon of gas was $2.75 in 2005
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