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    Exam 5: Monitoring Jobs and Inflation
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    If the Basket of Goods and Services Used to Calculate
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If the Basket of Goods and Services Used to Calculate

Question 173

Question 173

Multiple Choice

If the basket of goods and services used to calculate the CPI cost $200 in the reference base period and $450 in a later year, the CPI for the latter year equals


A) 200.
B) 225.
C) 325.
D) 450.

Correct Answer:

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