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If the average price of a car in 1961 was $2,000 that would be equivalent to over $22,000 in today's dollars (2020) if the cpi

If the average price of a car in 1961 was $2,000 that would be equivalent to over $22,000 in today's dollars (2020) if the cpi in 1961 = 30 and the cpi in 2020 = 270. True False

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