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Determining the real price of milk

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The average price of milk per gallon was ?$2.262.26 in 1995 and ?$3.093.09 in 2010. The consumer price index was 152.4 in 1995 and 218.1 in 2010. Therefore, the real price of milk in 2010 expressed in 1995 dollars was ?$ nothing. (Enter your answer rounded to two decimal? places.)

Reference no: EM132119182

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