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If the Price of the Market Basket of Goods in a Country

Question 1

Multiple Choice

If the price of the market basket of goods in a country for the base year of 2013 was €20,000 and the price of the same basket had risen to €22,000 by 2014, the CPI for 2014.


A) Cannot be calculated.
B) Is €12,000.
C) Is 200.
D) Is 110.

Correct Answer:

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