24 Suppose the current cost of gasoline is 3 22 per gallon

Last updated: 10/9/2023

24 Suppose the current cost of gasoline is 3 22 per gallon Find the current price index using the 1975 24 price as the reference value In 1975 the cost of gasoline was 56 7 cents per gallon A 265 3 B 5 7 C 17 6 D 567 9 25 Suppose the current cost of gasoline is 3 28 per gallon Find the current price index using the 1995 price as the reference value In 1995 the cost of gasoline was 120 5 cents per gallon A 2 7 B 272 2 C 207 5 D 36 7 25