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In January 1991 the Consumer price index (CPI) was 134.6. In October 2015 (the November CPI is not yet available, so use the October CPI for this problem) the CPI was 237.8.

Using January 1991 as the base period, what was the real (inflation-adjusted) price of gasoline in November 2015?

Business Economics, Economics

  • Category:- Business Economics
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