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Assume that the CPI was 118.3 in 1988 and 291.4 in 2022. What is the relative change in CPI over that time? How does the
Assume that the CPI was 118.3 in 1988 and 291.4 in 2022. What is the relative change in CPI over that time? How does the relative change in CPI compare to the relative change in the commodity price over that time? Explain what that means in context
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Economics
Authors: Paul A. Samuelson, William Nordhaus
19th edition
978-0073511290, 73511293, 978-0073344232, 73344230, 978-007351129
