In 1936, the cost of a Hershey's chocolate bar was 5 cents. In 1980, the cost of a Hershey's chocolate bar was 25 cents. By comparison, the CPI-U in 1936 was 13.9, and the CPI-U in 1980 was 82.4. (Remember that the Consumer Price Index for Urban consumers (CPI-U) shows how the prices for goods and services change over time for people living in cities.) From 1936 to 1980, how did the price of the Hershey bar change compare to the change in CPI-U? Be sure to include the relative increase of each in your answer. Year 1936 1980 Cost of a Hershey Bar (in Cents) 5 25 CPI-U (Consumer Price Index for Urban Consumers) 13.9 82.4

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In 1936, the cost of a Hershey's chocolate bar was 5 cents. In 1980, the cost of a Hershey's
chocolate bar was 25 cents. By comparison, the CPI-U in 1936 was 13.9, and the CPI-U in 1980
was 82.4. (Remember that the Consumer Price Index for Urban consumers (CPI-U) shows how the
prices for goods and services change over time for people living in cities.)
From 1936 to 1980, how did the price of the Hershey bar change compare to the change in CPI-U?
Be sure to include the relative increase of each in your answer.
Year
1936
1980
Cost of a Hershey Bar
(in Cents)
5
25
CPI-U (Consumer Price
Index for Urban
Consumers)
13.9
82.4
Transcribed Image Text:In 1936, the cost of a Hershey's chocolate bar was 5 cents. In 1980, the cost of a Hershey's chocolate bar was 25 cents. By comparison, the CPI-U in 1936 was 13.9, and the CPI-U in 1980 was 82.4. (Remember that the Consumer Price Index for Urban consumers (CPI-U) shows how the prices for goods and services change over time for people living in cities.) From 1936 to 1980, how did the price of the Hershey bar change compare to the change in CPI-U? Be sure to include the relative increase of each in your answer. Year 1936 1980 Cost of a Hershey Bar (in Cents) 5 25 CPI-U (Consumer Price Index for Urban Consumers) 13.9 82.4
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