The average corn price received by farmers

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Reference no: EM13851214

The average corn price received by farmers in 1950 was $1.52 and in 2014 it was $4.11. The Consumer Price

Index (CPI) with a base period of 1982 through 1984 were 24.1 and 236.7 for the same years, respectively.

What are the corn prices for those years in real 1982-4 dollars (to the nearest cent)?

Reference no: EM13851214

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The average corn price received by farmers : The average corn price received by farmers in 1950 was $1.52 and in 2014 it was $4.11. The Consumer Price. Index (CPI) with a base period of 1982 through 1984 were 24.1 and 236.7 for the same years, respectively. What are the corn prices for those ye..

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