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The people who live on Shangri-La Island consume only rice and fish. Last year, which was the reference base year, the price of rice was
The people who live on Shangri-La Island consume only rice and fish. Last year, which was the reference base year, the price of rice was $3 a pound, the price of fish was $3 a pound, and the average urban household spent 524 on rice and $12 on fish. This year, the price of rice is 59 a pound and the price of fish is $8 a pound. What is the CPI in the current year
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