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Consider a fictional price index, the College Student Price, Index (CSP1), based on a typical college student's annual purchases, Suppose the foliowing table shows information

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Consider a fictional price index, the College Student Price, Index (CSP1), based on a typical college student's annual purchases, Suppose the foliowing table shows information on the market basket for the C5P1 and the prices of each of the goods in 2010, 2011, and 2012. The cost of each item in the basket and the total cost of the basket are shown for 2010. Assume the quantity of esch item in the basket does not change in 2011 and 2012 . Perform these same calculations for 2011 and 2012 , and enter the results in the following table. Suppose the base year for this price index is 2010. In the last row of the table, calculste and enter the vaive of the CSPI for the remaining vears. Between 2010 and 2011 , the CSPI increased by Between 2011 and 2012, the CSPI increased by

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