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Keith_Richards [23]
4 years ago
9

You know that a candy bar costs sixty cents today. You also know the CPI for 1962 and the CPI for today. Which of the following

would you use to compute the price of the candy bar in 1962 prices? a. sixty cents x (today's CPI - 1962 CPI) b. sixty cents x (1962 CPI - today's CPI) c. sixty cents x (today's CPI / 1962 CPI) d. sixty cents x (1962 CPI / today's CPI)
Computers and Technology
1 answer:
Elan Coil [88]4 years ago
7 0

Answer:

d. sixty cents x (1962 CPI / today's CPI)

Explanation:

Dividing sixty cents with today's CPI and multiplying with 1962 's CPI would give the cost in 1962

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