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Assume that the U.S. government estimates that a market basket of goods and services bought by consumers costs 4% more in 2017 compared with 2016. If 2016 is used as the base year, the Consumer Price Index
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Assume that the U.S. government estimates that a market basket of goods and

services bought by consumers costs 4% more in 2017 compared with 2016. If 2016 is
used as the base year, the Consumer Price Index (CPI) for 2017 will be
104

100

96

108

User Giorgio Gelardi
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1 Answer

1 vote
The correct answer is the 96
User Cacho
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