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The prices and quantities in 2010 and 2015 were as follows. 2010: Good 1 $15/15 items; Good 2 $5/10 items. 2015: Good 1 $10/20 items;
The prices and quantities in 2010 and 2015 were as follows. 2010: Good 1 $15/15 items; Good 2 $5/10 items. 2015: Good 1 $10/20 items; Good 2 $15/10 items. Compute the 2015 CPI inflation rate using 2010 as the basket.
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Macroeconomics
Authors: Olivier J. Blanchard
7th Global Edition
1292160500, 978-1292160504
