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A hypothetical economy: Basket of Goods Price 2022 Price 2023 Quantity 2022 Quantity 2023 Donuts $1.75 $2.00 425 435 Soup $5.00 $6.00 350 374 The
A hypothetical economy: Basket of Goods Price 2022 Price 2023 Quantity 2022 Quantity 2023 Donuts $1.75 $2.00 425 435 Soup $5.00 $6.00 350 374 The above shows the output and prices for 2022 and 2023 for a hypothetical economy. The base year is 2022. From the above information, what is the CPI for 2023? Question 25 options: 123.7 124.7 118.3 104.4
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