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Mathematics, 05.10.2019 03:00 raemcbride5678

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consider a simple economy where the basket of goods used to calculate the cpi contains two items shirts and pants. the basket consists of 3 shirts
and 2 pairs of pants. each tem increases in price by $1 in year 2. use this information to complete the table and calculate the cpl
year price of a shirt price of a pair of pants
year 1 $25
year 2
s
s
$20
the cpi for year 2 is
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