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Weekly Expenditures for a Family of Four in 2017 Averaged

Question 67

Multiple Choice

Weekly expenditures for a family of four in 2017 averaged $1 500. In 2018, the cost of the same purchases was $1 600. If 2017 is the base year, what was the CPI in 2018?


A) 110
B) 107
C) 100
D) 93

Correct Answer:

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