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Suppose the basket of a typical consumer includes 5 doctor's visits a year and one outpatient visit. Between 2018 and 2019 the price of a
Suppose the basket of a typical consumer includes 5 doctor's visits a year and one outpatient visit. Between 2018 and 2019 the price of a doctor's visit increased from $40 to $42 and the price of an outpatient visit increased from $100 to $110. What is the medical CPI between the two years?
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