Year
1972
1982
1992
2002
2012
CPI
...
Mathematics, 15.02.2021 04:40 sotelonancy888
Year
1972
1982
1992
2002
2012
CPI
41.800
96.500
140.300
179.880
229.594
Soda
0.10
0.30
0.50
1.00
1.25
The above table lists the historical CPI values for the years 1972-2012. It also lists the costs of a can of soda for those years.
Based on the information, has the price of a soda increased more, less or stayed the same as inflation? Provide at least 2 calculations that support your claim and write a least two sentences explaining your findings.
Hint: CPI proportions may be useful here.
Answers: 2
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