The cpi in 2010 was 218 - Study guides, Class notes & Summaries

macro chpt 22 questions and answers 100% correct The CPI in 2010 was 218, while the CPI in 1980 was 82. If you had $5,000 in 1980, its equivalent purchasing power in 2010 would be $10,850. False If the CPI falls from 142 to 140 between two consecutive years, this implies that prices fell by 2% between those two years. false Which of the following would be the best measure of the cost of living? consumer price index Assume the market basket for the consumer price index ha...