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1. Calculate the cost of a market basket in the 3. Calculate the CPI for 2019. Show your work. base year. Show your work. 2.

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1. Calculate the cost of a market basket in the 3. Calculate the CPI for 2019. Show your work. base year. Show your work. 2. Explain why CPI is calculated using the same 4. Calculate the CPI for 2020. Show your work. quantities as the base year instead of different quantities each year? 5. Calculate the CPI for 2021. Show your work

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