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A basket of products and services cost $200 in the base year. If the Consumer Price Index (CPI) in the current year is 250, then

A basket of products and services cost $200 in the base year. If the Consumer Price Index (CPI) in the current year is 250, then the cost of the basket in the current year is

Question 11 options:

$500.

$125.

$450.

$250.

none of the above answers.

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