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Business, 10.12.2020 16:20 jorell

Suppose that you were born in 2001. Also, suppose that your mother received a $100 baby shower gift at your birth. How much would it cost to buy a similar amount of goods and services in 2016, given that the CPI was 177.1 in 2001 and 240.0 in 2016? a. $70.53
b. $100.00
c. $141.78
d. $241.11

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