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(Solved): Use the information in the table above to calculate the CPi in Year 2 , using Year 1 as the base ye ...
Use the information in the table above to calculate the CPi in Year 2 , using Year 1 as the base year, Round to the nearest whole number. The Consumer Price Index le
ANSWER :- Cost of the Market basket in year 1 = (Price of a pund of bacon in year 1 * Quantity pound of bacon) + (price of a dozens eggs in year 1 * Quantity of a dozen Eggs) + ( Price of a pund of Coffe