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QUESTION
From 1947 to 1997, the consumer price index in the United States rose 637%. Use this fact to adjust each of the following prices for inflation.
From 1947 to 1997, the consumer price index in the United States rose 637%. Use this fact to adjust each of the following prices for inflation. Which items cost less in 1997 than in 1947 and which cost more (after inflation)?
