49. In a survey of 694 workers, 61% said that they got their jobs through networking. Use the CPI to answer the following. Average Annual Consumer Price Index (CPI) (1982 - 1984 = 100) CPI 1989 124.0 2001 177.1 1990 130.7 2002 179.9 Year CPI Year Year CPI 1976 56.9 1977 60.6 1978 65.2 1991 136.2 2003 184.0 1979 72.6 1980 82.4 1981 90.9 1982 96.5 1995 152.4 2007 207.3 1983 99.6 1996 156.9 2008 215.3 1984 103.9 1997 160.5 2009 214.5 1985 107.6 1998 163.0 2010 218.1 1986 109.6 1999 166.6 2011 224.9 1987 113.6 2000 172.2 2012 229.6 1988 118.3 1992 140.3 2004 188.9 1993 144.5 2005 195.3 1994 148.2 2006 201.6 Use 1983 as 100. 50. If you spent $11,600 for goods, services, and housing in 2011, what would the same purchases have cost in 1995? 51. If you spent $11,600 for goods, services, and housing in 1995, what would the same purchases have cost in 2011?

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49. In a survey of 694 workers, 61% said that they got their jobs through networking.
Use the CPI to answer the following.
Average Annual
Consumer Price Index (CPI)
(1982 - 1984 = 100)
CPI
1989 124.0 2001 177.1
1990 130.7 2002 179.9
Year CPI
Year
Year CPI
1976 56.9
1977 60.6
1978 65.2 1991 136.2 2003 184.0
1979 72.6
1980 82.4
1981 90.9
1982 96.5 1995 152.4 2007 207.3
1983 99.6 1996 156.9 2008 215.3
1984 103.9 1997 160.5 2009 214.5
1985 107.6 1998 163.0 2010 218.1
1986 109.6 1999 166.6 2011 224.9
1987 113.6 2000 172.2 2012 229.6
1988 118.3
1992 140.3 2004 188.9
1993 144.5 2005 195.3
1994 148.2 2006 201.6
Use 1983 as 100.
50. If you spent $11,600 for goods, services, and housing in 2011, what would the same
purchases have cost in 1995?
51. If you spent $11,600 for goods, services, and housing in 1995, what would the same
purchases have cost in 2011?
Transcribed Image Text:49. In a survey of 694 workers, 61% said that they got their jobs through networking. Use the CPI to answer the following. Average Annual Consumer Price Index (CPI) (1982 - 1984 = 100) CPI 1989 124.0 2001 177.1 1990 130.7 2002 179.9 Year CPI Year Year CPI 1976 56.9 1977 60.6 1978 65.2 1991 136.2 2003 184.0 1979 72.6 1980 82.4 1981 90.9 1982 96.5 1995 152.4 2007 207.3 1983 99.6 1996 156.9 2008 215.3 1984 103.9 1997 160.5 2009 214.5 1985 107.6 1998 163.0 2010 218.1 1986 109.6 1999 166.6 2011 224.9 1987 113.6 2000 172.2 2012 229.6 1988 118.3 1992 140.3 2004 188.9 1993 144.5 2005 195.3 1994 148.2 2006 201.6 Use 1983 as 100. 50. If you spent $11,600 for goods, services, and housing in 2011, what would the same purchases have cost in 1995? 51. If you spent $11,600 for goods, services, and housing in 1995, what would the same purchases have cost in 2011?
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