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If the CPI is 137 in Year Y, then it costs _______ in Year Y to buy the same market basket that cost _______ in
If the CPI is 137 in Year Y, then it costs _______ in Year Y to buy the same market basket that cost _______ in the base period.
A. $37; $100
B. $137; $37
C. $100; $137
D.$137; $100
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Principles of Microeconomics
Authors: N. Gregory Mankiw
8th edition
1305971493, 978-1305971493
