lashay6622 lashay6622
  • 17-03-2022
  • Business
contestada

If the CPI is 200 in year 1980 and 300 today, then $600 in 1980 has the same purchasing power as ________ today.

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ashish4112119
ashish4112119 ashish4112119
  • 28-03-2022

Answer:

$900

Explanation:

cross multiply

200/300 = 600/x

200 * x = 300 * 600 =

200x = 1800

x = 900

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