If the consumer price index for this year is 200, how many dollars would be required today to be able to buy the same goods and services as $1 dollar could buy in the base year of 1982 to 1984?

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If the consumer price index for this year is 200, how many dollars would be required today to be able to buy the same goods and services as $1 dollar could buy in the base year of 1982 to 1984?

a. $1
b. $2
c. $200
d. $201

asked 12 years ago in Economics by anonymous

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