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Suppose you needed $ 2 comma 800 $2,800 to buy a particular car in 1980 1980 . How much money would you have needed in

Suppose you needed $ 2 comma 800

$2,800 to buy a particular car in 1980

1980. How much money would you have needed in 2011

2011 to buy the samecar? Assume that all prices have risen at the same rate as the CPI.

How much money would you haveneeded?

Average Annual Consumer Price Index (CPI) (1982-1984=100)

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