The Consumer Price Index is calculated through the equation,
CPI = (current period price/base period price) x 100
The base period is 1983. Solving the CPIs for 2000 and 2005
(2000)
CPI = ($28.94/$16.35) x 100 = 177
(2005)
CPI = ($32.54/$16.35) x 100 = 199
The difference between the CPIs of 2005 and 2000 is 199 - 177 = 22.
Answer:
25 pounds
Step-by-step explanation:
Let us assume that initially, 1 pound of whole chicken costs x.
So, initially 20 pounds of whole chicken costs 20x.
Now, the price is reduced by 20%.
That means that 1 pound of whole chicken now costs
Therefore, with a 0.8x amount of money, we can now purchase 1 pound of the whole chicken.
Hence, with a 20x amount of money, we can now purchase
pounds of the whole chicken.
I think the answer is C 260 degrees