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Business, 11.03.2020 03:12 necolewiggins3083

Ethel purchased a bag of groceries in 1970 for $8. She purchased the same bag of groceries in 2006 for $25. If the price index was 38.8 in 1970 and the price index was 180 in 2006, then what is the price of the 1970 bag of groceries in 2006 dollars?

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Ethel purchased a bag of groceries in 1970 for $8. She purchased the same bag of groceries in 2006 f...
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