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Given the basket of goods for this economy is 4 milk and 6 honey. Calculate the CPI for 2020, 2021, and 2022 using 2021 as

Given the basket of goods for this economy is 4 milk and 6 honey.

  1. Calculate the CPI for 2020, 2021, and 2022 using 2021 as the base year.
  2. Calculate the inflation rate for 2021 and 2022.

Given the following information:

  1. Based on purchasing power, rank and list the salaries by converting all the salaries into Arkansas dollars. plese fast

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