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Year Price of Shirts Price of Corn 2018 $20 per shirt $12 per bushel 2019 $25 per shirt $18 per bushel The table above shows
Year Price of Shirts Price of Corn 2018 $20 per shirt $12 per bushel 2019 $25 per shirt $18 per bushel The table above shows an economy in which the typical consumer's basket consists of 3 shirts and 4 bushels of corn. If 2018 is the base year, then the CPI for 2018 was: Group of answer choices 73.5 100.0 108.0 136.1
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Macroeconomics
Authors: Stephen d. Williamson
5th edition
132991330, 978-0132991339
