Problem

Car prices. If the price change of cars parallels the change in the CPI (see Table 2...

Car prices. If the price change of cars parallels the change in the CPI (see Table 2 in Example 10), what would a car sell for (to the nearest dollar) in 2005 if a comparable model sold for $10,000 in 1990?

Reference of Table 2 in Example 10:

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Solutions For Problems in Chapter 1.1

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