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Consumer Clothing Price Index data Basket of Goods Prices (Survey 2019) Price (Survey 2020) Price (Survey 2021) Quantity Consumed (Survey 2019) jeans $100 $110 $120
Consumer Clothing Price Index data | ||||
Basket of Goods | Prices (Survey 2019) | Price (Survey 2020) | Price (Survey 2021) | Quantity Consumed (Survey 2019) |
jeans | $100 | $110 | $120 | 3 |
tops | $70 | $60 | $75 | 6 |
shoes | $130 | $140 | $120 | 2 |
- What is the value of the price index in 2019 if 2019 is the base year?
- What is the value of the price index in 2020 if 2019 is the base year?
- What is the value of the price index in 2021 if 2019 is the base year?
- What is the value of inflation between 2019 to 2020 and 2020 to 2021? (show your calculations)
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Plenitude The New Economics Of True Wealth
Authors: Juliet Schor
1st Edition
1594202540, 9781594202544
