Find the value as required in the computation of CPI and Inflation Rate and the cost of Goods per basket. 1990 Potato Carrots Cabbage P45 P60 P55 per Price per per kilo kilo kilo 150 120 130 Quantity kilos kilos kilos 6750 7200 7150 2000 Potato Carrots Cabbage P55 P80 P70 per Price per per kilo kilo kilo Quantity What is the cost of Goods per basket in year 2000?

The consumer price index measures the cost of a basket of commodities purchased by an average…

Answered: Find the value as required in the computation of CPI and Inflation Rate and the cost of Goods per basket. 1990 Potato Carrots Cabbage P45 P60 P55 per Price per…

ENGR.ECONOMIC ANALYSIS

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ISBN: 9780190931919

Author: NEWNAN

Publisher: Oxford University Press

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Question

Hello can anybody help me answer this one question. Thank you!

Find the value as required in the computation
of CPI and Inflation Rate and the cost of
Goods per basket.
1990
Potato Carrots Cabbage
P45
P60
P55 per
Price
per
per kilo kilo
kilo
150
120
130
Quantity
kilos
kilos
kilos
6750 7200
7150
2000
Potato Carrots Cabbage
P55
P80
P70 per
Price
per
kilo
per kilo kilo
Quantity
What is the cost of Goods per basket in year
2000?

1990
Potato Carrots Cabbage
P45
P60
P55 per
Price
per
kilo
per
kilo
kilo
120
130
150
Quantity
kilos
kilos
kilos
6750 7200
7150
2000
Potato Carrots Cabbage
P55
P80
P70 per
Price
per
kilo
per
kilo
kilo
Quantity
Considering the table, what is the inflation rate
after 10 years of the goods in the basket?
=30%
<30%
None among the choices
O >30%

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