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How much would we expect ice to have

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According to data collected at Meijer in 2019 (fifty-two years after 1967), ice in perfectly clear cubes is now approximately $0.20 per pound (10 pounds for $1.99). The CPI for 2019 is approximately 746.75 in 1967 dollars. Based on the 2019 price and CPI, how much would we expect ice to have cost in 1967?

Reference no: EM132278903

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