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If the price of a basket of goods in 2015 was 120 and the price of the same basket of goods was 130 in 2016.
If the price of a basket of goods in 2015 was 120 and the price of the same basket of goods was 130 in 2016. Assume that 2015 is the base year. Use this information to answer the following questions. The consumer price index in 2015 (the base year) was
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
