Over a long period of time, the price of a box of chocolates rose from 1 EUR to 6 EUR. Over the same period, the CPI rose from 150 to 300. Adjusted for overall inflation, how much did the price of the box of chocolates change
Over a long period of time, the price of a box of chocolates rose from 1 EUR to 6 EUR. Over the same period, the CPI rose from 150 to 300. Adjusted for overall inflation, how much did the price of the box of chocolates change
Chapter17: Inflation
Section: Chapter Questions
Problem 5SQ
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Over a long period of time, the price of a box of chocolates rose from 1 EUR to 6 EUR. Over the same period, the CPI rose from 150 to 300. Adjusted for overall inflation, how much did the price of the box of chocolates change?
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