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    Macroeconomics Australia Study Set 1
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    Exam 7: The Cpi and the Cost of Living
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    If the Cost of the CPI Market Basket at Current
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If the Cost of the CPI Market Basket at Current

Question 46

Question 46

Multiple Choice

If the cost of the CPI market basket at current period prices is $275 and the cost of the CPI market basket at base period prices is $350, the CPI is


A) 100.
B) 350.
C) 275.
D) 127.
E) 79.

Correct Answer:

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