1. If the cost of a market basket of goods increases from $100 in year 1 to...

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1. If the cost of a market basket of goods increases from $100 in year 1 to $108 in year 2, the consumer price index in year 2 equals if year 1 is the base year.

a. 8

b. 10

c. 100

d. 108

e. 110

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Krugmans Economics For Ap

ISBN: 9781429218276

2nd Edition

Authors: Margaret Ray, David A. Anderson

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Question Posted: Oct 03, 2024 05:02 AM

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1. If the cost of a market basket of goods increases from $100 in year 1 to...

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Krugmans Economics For Ap

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