The prices of consumer goods do not always exactly follow the CPI. The following chart shows several consumer items, along with their respective prices in 1983 and today.
ItemPrice in 1983 (\$) Current Price (\$)
Pair of boots67.45 126.85
Hair dryer15.25 29.95
Box of tissues1.15 2.25
Toaster22.85 44.25
Using the prices shown on this chart, which of the following is a reasonable estimate of the current CPI?
A208
B195
C180
D173
Item | Price in 1983 (\$) | Current Price (\$) |
Pair of boots | 67.45 | 126.85 |
Hair dryer | 15.25 | 29.95 |
Box of tissues | 1.15 | 2.25 |
Toaster | 22.85 | 44.25 |
A208
B195
C180
D173