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If the Cost of Apparel Increases by 50 Percent,then,other Things

Question 160

Multiple Choice

If the cost of apparel increases by 50 percent,then,other things the same,the CPI is likely to increase by about

A) 0.5 percent.
B) 1.5 percent.
C) 3.0 percent.
D) 11.8 percent.

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