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Tennis Balls Golf Balls Bottles Of Gatorade 2020 Price $2 $4 $2 Quantity 100 100 200 2021 Price $2 $6 $3 Quantity 100 100 200
Tennis Balls Golf Balls Bottles Of Gatorade 2020 Price $2 $4 $2 Quantity 100 100 200 2021 Price $2 $6 $3 Quantity 100 100 200 Complete the following table by computing the percentage change in price for each of the three goods. Tennis Balls Golf Balls Bottles of Gatorade Using a method similar to that used to calculate the consumer price index, the percentage change in the overall price level is C]. True or False: If you were to learn that a bottle of Gatorade increased in size from 2020 to 2021, that information would lower your estimation of the inflation rate. 0 True 0 False True or False: If you were to learn that Gatorade introduced new flavors in 2021, that would imply that the inflation rate you estimated is overstated. O True O False
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