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    Exam 3: Ratios and Proportions
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    The "Basket" of Goods and Services Included in the Consumer
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The "Basket" of Goods and Services Included in the Consumer

Question 192

Question 192

Short Answer

The "basket" of goods and services included in the Consumer Price Index cost $21,350 on the base date. Eight years later, the same basket cost $26,090. What was the CPI on the latter date?

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