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    Exam 19: Inflation
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    Suppose That the Consumer Price Index Is 160,using the Base
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Suppose That the Consumer Price Index Is 160,using the Base

Question 16

Question 16

Multiple Choice

Suppose that the consumer price index is 160,using the base year of 1982-84.If a market basket of goods and services costs $525,what did it cost in the base year?


A) $30
B) $100
C) $160
D) $328
E) $525

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