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Suppose the price of a pack of gum in 1956 was $0.05 and the price in 2000 was $3.69. The CPI in 1956 was 30
Suppose the price of a pack of gum in 1956 was $0.05 and the price in 2000 was $3.69. The CPI in 1956 was 30 and the CPI in 2000 was 300. By how much did the real price increase from 1956 to 2000?__ percent Round your answer to the nearest whole number
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