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Table 6-3 in the Country of Shem,the CPI Is Calculated Using a Using

Question 154

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Table 6-3
In the country of Shem,the CPI is calculated using a market basket consisting of 5 apples,4 kg of chicken,3 shirts,and 2 litres of gasoline.The per-unit prices of these goods have been as follows: Table 6-3 In the country of Shem,the CPI is calculated using a market basket consisting of 5 apples,4 kg of chicken,3 shirts,and 2 litres of gasoline.The per-unit prices of these goods have been as follows:   -Refer to the Table 6-3.What was the inflation rate,as measured by the CPI,between 2012 and 2013? A)  -4.44 percent B)  -7.14 percent C)  3.75 percent D)  11.25 percent
-Refer to the Table 6-3.What was the inflation rate,as measured by the CPI,between 2012 and 2013?


A) -4.44 percent
B) -7.14 percent
C) 3.75 percent
D) 11.25 percent

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