The price of a Hershey's Bar has increased from 1947 to 1982. However, the Consumer Price Index has also increased. Remember that the Consumer Price Index shows how the prices for goods and services change over time.YearCost of a Hershey Bar (in cents)CPI (Consumer Price Index)1947522.319823096.5Use the table above and select the correct statement to fill in the blank for this statement:From 1947 to 1982, the relative increase in the price of a Hershey's bar was ____________________ the relative increase in CPI. lower than the same as higher than

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Algebra and Trigonometry (6th Edition)

6th Edition

ISBN:9780134463216

Author:Robert F. Blitzer

Publisher:Robert F. Blitzer

ChapterP: Prerequisites: Fundamental Concepts Of Algebra

Section: Chapter Questions

Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...

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The price of a Hershey's Bar has increased from 1947 to 1982. However, the Consumer Price Index has also increased. Remember that the Consumer Price Index shows how the prices for goods and services change over time.

Year	Cost of a Hershey Bar (in cents)	CPI (Consumer Price Index)
1947	5	22.3
1982	30	96.5

Use the table above and select the correct statement to fill in the blank for this statement:

From 1947 to 1982, the relative increase in the price of a Hershey's bar was ____________________ the relative increase in CPI.

		lower than
		the same as
		higher than

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