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For the Following Question(s), Suppose That an Economy Produces Only

Question 10

Multiple Choice

For the following question(s) , suppose that an economy produces only bread and computers. Assume that all production is
consumed in each year, and that price and quantity data are given in the table below. For the following question(s) , suppose that an economy produces only bread and computers. Assume that all production is consumed in each year, and that price and quantity data are given in the table below. -If Year 1 is the base year, the CPI for Year 2 is approximately A) 126.3. B) 131.3. C) 100.0. D) 181.0. E) 211.0.
-If Year 1 is the base year, the CPI for Year 2 is approximately


A) 126.3.
B) 131.3.
C) 100.0.
D) 181.0.
E) 211.0.

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