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Using CPI to Adjust for Inflation
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Problem 8
Using CPI to Adjust for Inflation
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11. Gross Domestic Product (GDP) and Consumer Price Index (CPI) / Using CPI to Adjust for Inflation / Problem 8
Problem 8
What basic mathematical operation is primarily used in adjusting historical prices to current prices using CPI?
A
Subtraction
B
Multiplication
C
Addition
D
Division
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