Business
Business, 02.07.2019 01:10, jasonweber8718

In an imaginary economy, consumers buy only razors and cologne. the fixed basket consists of 6 razors and 4 bottles of cologne. a razor cost $20 in 2009 and $25 in 2010. a bottle of cologne cost $30 in 2009 and $40 in 2010. using 2009 as the base yeara. what is the cpi for 2009? b. what is the cpi for 2010? c. what is the inflation rate for 2010?

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In an imaginary economy, consumers buy only razors and cologne. the fixed basket consists of 6 razor...

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