Select the correct answer.
a basket of goods and services is used to calculate cpi. assume tha...
Mathematics, 18.11.2019 18:31, dontcareanyonemo
Select the correct answer.
a basket of goods and services is used to calculate cpi. assume that the basket contains 5 toothbrushes and 2 tubes of toothpaste. the prices
for those goods are shown in the table.
year toothbrush tube of toothpaste
year 1 $1.00 each $2.00 each
year 2 $1.25 each $2.10 each
what will the cpi for year 2 be?
ca 9.00
b. 10.45
c. 86.00
d. 116.11
Answers: 3
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