Mathematics, 20.05.2020 12:57 lilblackbird4
The CPI for "personal computers and peripheral equipment" in June 2006 was 10.7 (1982-1984 = 100). Interpret this index.
A. There was no significant increase in the price of "personal computers and peripheral equipment"
B. The price of "personal computers and peripheral equipment" increased 10.7%.
C. The price of "personal computers and peripheral equipment" decreased 89.3%.
D. If the average price of a computer in 1982-1984 was $3000.00, the CPI for "personal computers and peripheral equipment" would predict that the price of a computer in June 2006 would be $893.
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The CPI for "personal computers and peripheral equipment" in June 2006 was 10.7 (1982-1984 = 100). I...
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