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  • 21-04-2024
  • Business
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Assume that in 2015, the base year, a typical urban household purchased $1,200 worth of a basket of goods and services. In 2017 and 2018 the purchase of this basket was worth$1,350 and $1,380.

Calculate the consumer price index for 2018.

A) 112.5
B) 30
C) 115
D) 180

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