(Choose 1 answer)
(17794) Scenario 24-1
The price tag on a tennis ball in 1975 read $0.10, and the price tag on a tennis ball in 2005 read $1.00. The CPI in 1975 was 52.3, and the CPI in 2005 was 191.3.
Refer to Scenario 24-1. The price of a 1975 tennis ball in 2005 dollars is
A. $0.03.
B. $0.27.
C. $0.37.
D. $1.00.
mantot ni
Exit 5
