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The value of the market basket In Year 1 ls $ The unit prices and quantities for two goods for two years are shown in

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The value of the market basket In Year 1 ls $ The unit prices and quantities for two goods for two years are shown in the table below. Assume that consumers purchase 6 units of water and 8 loaves of bread. Also, assume that year is the base year. Submit -- $2.00 2.50 $3.00 400 2 Do you know the answer? I know it Think so Unsure No idea The unit prices and quantities for two goods for two years are shown in the table below. Assume that consumers purchase 8 units of water and 10 loaves of bread. Also, assume that Year 1 is the base year. Year Price of Water Price of Bed dolore (dollars) $2.00 $3.00 1 2 2.50 4.00 The value of the CPI In Year 1 Is (Do NOT press Enter after typing the answer in each cell. Use Tab or take the cursor to the next cell.)

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