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3. The table below shows data on CPI for a hypothetical timeline. Calculate the value (purchasing power) of each dollar in each year. Purchasing Power

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3. The table below shows data on CPI for a hypothetical timeline. Calculate the value (purchasing power) of each dollar in each year. Purchasing Power Year CPI at year 7 Prices 1 2 3 4 5 6 7 8 9

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