Question
The average price of milk per gallon was $2.65 in 1995 and $3.77 in 2010. The consumer price index was 152.4 in 1995 and 218.1
The average price of milk per gallon was $2.65 in 1995 and $3.77 in 2010. The consumer price index was 152.4 in 1995 and 218.1 in 2010. Therefore, the real price of milk in 2010 expressed in 1995 dollars was?
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Economics
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
21st Edition
1259723224, 9781259723223
