Business, 18.02.2020 00:58 mustachbrah

Suppose that three cups of coffee and a donut could be purchased for $10 in 2014 and the CPI in 2014 was 237. If the prices of coffee and donuts increase at the same rate as the CPI over these 40 years, then for $2,000 to be able to purchase three cups of coffee and a donut in 2054, the CPI would have to be:

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Suppose that three cups of coffee and a donut could be purchased for $10 in 2014 and the CPI in 2014...

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