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The Ford Model T sold for $850 in 1915 (when the CPI was 10.1). How much would the Model T cost in 1995 when adjusted
The Ford Model T sold for $850 in 1915 (when the CPI was 10.1). How much would the Model T cost in 1995 when adjusted for inflation? The CPI in 1995 was 152.4. a) $14,334.65 b) $56.33 c) $12,825.74 d) $865.09 e) $13580.20
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Principles of Economics
Authors: Fred M. Gottheil
7th edition
978-1133962069, 9781285064444, 1133962068, 1285064445, 978-1285064437
