Year CPI 2010 189 2011 211 Consider the data in the table above of the consumer price index for 2010 and 2011, using 1980 as the base year. The consumer price ind for 1980 is 100 Cannot be determined from information given O 1
Year CPI 2010 189 2011 211 Consider the data in the table above of the consumer price index for 2010 and 2011, using 1980 as the base year. The consumer price ind for 1980 is 100 Cannot be determined from information given O 1
Macroeconomics: Private and Public Choice (MindTap Course List)
16th Edition
ISBN:9781305506756
Author:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Publisher:James D. Gwartney, Richard L. Stroup, Russell S. Sobel, David A. Macpherson
Chapter8: Economic Fluctuations, Unemployment, And Inflation
Section: Chapter Questions
Problem 12CQ
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Transcribed Image Text:Year
CPI
2010
189
2011
211
Consider the data in the table above of the consumer price index for
2010 and 2011, using 1980 as the base year. The consumer price index
for 1980 is
O100
Cannot be determined from information given
0 1
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