Ask Question
23 January, 05:56

The current cost of a typical desktop computer is $745. The cost in year 1983 was $1,445 with fewer capabilities. What is the CPI for the desktop computer?

+4
Answers (1)
  1. 23 January, 07:29
    0
    A consumer price index (CPI) measures changes in the price level of market basket of consumer goods and services purchased by households. The annual percentage change in a CPI is used as a measure of inflation

    CPI = (1,445:745) * 100=194
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “The current cost of a typical desktop computer is $745. The cost in year 1983 was $1,445 with fewer capabilities. What is the CPI for the ...” in 📘 Mathematics if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers