P 118.60 The same basket of goods and services worth P100 in 2018 is worth P118.60 pesos in October 2022. G) Make an equilibrium supply and demand graph illustrating the increase in CPI from 100 in 2018 to 118.60 in 2022.

P 118.60 The same basket of goods and services worth P100 in 2018 is worth P118.60 pesos in October 2022. G) Make an equilibrium supply and demand graph illustrating the increase in CPI from 100 in 2018 to 118.60 in 2022.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

P 118.60
The same basket of goods and
services worth P100 in 2018 is worth
P118.60 pesos in October 2022.
G) Make an
equilibrium
supply and
demand graph
illustrating the
increase in CPI
from 100 in 2018
to 118.60 in 2022.

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