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Consider the following information regarding a basket of goods and services for a typical household. Basket 2016 2017 Good/service Quantity (units) Price ($) Price ($)

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Consider the following information regarding a basket of goods and services for a typical household.

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Basket 2016 2017 Good/service Quantity (units) Price ($) Price ($) Housing 12 800 825 Internet 12 75 75 Cable 12 40 50 Food 100 5 8

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