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2019 2020 Price Quantity Price Quantity Food $2 100 $2.20 95 Clothing $5 50 $5.50 60 Transport $0.80 25 $1 22 The table
Posted: Thu May 19, 2022 9:15 am
by answerhappygod
- 2019 2020 Price Quantity Price Quantity Food 2 100 2 20 95 Clothing 5 50 5 50 60 Transport 0 80 25 1 22 The Table 1 (20.99 KiB) Viewed 81 times
2019 2020 Price Quantity Price Quantity Food $2 100 $2.20 95 Clothing $5 50 $5.50 60 Transport $0.80 25 $1 22 The table below shows information on the expenditure pattern of a typical household in an economy over the years 2019 and 2020. Take 2019 as the base year and compute the CPI in 2019 and 2020. Use the CPI to calculate the inflation rate between 2019 and 2020 in the economy