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Over a twenty-year period, the price of a movie rose from $3 to $8. Over the same period, the CPI doubled. Adjusting for inflation, what
Over a twenty-year period, the price of a movie rose from $3 to $8. Over the same period, the CPI doubled. Adjusting for inflation, what would be the price of a movie in today's terms? Using the information above, is a movie more expensive today or twenty-years ago? Group of answer choices Adjusting for inflation, a movie would be $11. A movie is more expensive twenty years ago than today. Adjusting for inflation, a movie would be $8. A movie is more expensive twenty years ago than today. Adjusting for inflation, a movie would be $6. A movie is more expensive today than twenty years ago. Adjusting for inflation, a movie would be $3. A movie is more expensive today than twenty years ago
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