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In 1995, a family of 5 went to the movies twice each month and purchased 2 popcorns at $5 each, 5 sodas at $1 each,
In 1995, a family of 5 went to the movies twice each month and purchased 2 popcorns at $5 each, 5 sodas at $1 each, and each movie ticket cost $5. They have gone every month since then and have purchased the identical items each time. In 2005, the prices were $10 for each movie ticket, $10 for each popcorn, and $2 for each soda. What is the CPI for 2005 using 1995 as the base year
1.875
2
1.650
1.775
Please include the calculation
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