Change the current year prices in Exhibit 1 to $1 for pens, $28 for shirts, and $32

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Change the current year prices in Exhibit 1 to $1 for pens, $28 for shirts, and $32 for a pair of shoes. What is the CPI for the current year based on these prices?

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Economics

ISBN: 978-1285738321

12th edition

Authors: Roger A. Arnold

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Question Posted: Feb 12, 2016 07:10 AM

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Change the current year prices in Exhibit 1 to $1 for pens, $28 for shirts, and $32

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