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13 February, 10:44

A raincoat costs $79.25 today. If a similar raincoat cost $52.48 in 1983, what is the CPI? a. 166 b. 151 c. 132 d. 127

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  1. 13 February, 12:56
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    B. You divide 79.25/52.48 and get 1.51, which translates to 151 percent.
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