Consumer price index = (current price 2013/ base price 1969) x 100
where:
consumer price index2013 = 235
base price 1969 = $2500
Solution
current price 2013 = (consumer price index /100) x base price 1969
current price 2013= (235/100)x $2500
current price = $5875
The price of pontiac firebird in 2013 is $5875.
The answer is B childcare options offered by the city have recently expanded
Answer:
During an unanticipated inflation, debtors get hurt less than creditors because they repay their loans with less worthy money. Therefore, creditors could avoid being hurt more than debtors during period of high inflation by increasing interest rates of loans. Which will secure the value of borrowed money.
Explanation:
