What is the percentage change in the CPI with a basket of fish and chips costing $500
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Question:
What is the percentage change in the CPI with a basket of fish and chips costing $500 in the base year and $600 in the current year?
8.3 percent decrease
8.3 percent increase
20 percent decrease
20 percent increase
Related Book For
Financial Accounting
ISBN: 978-0134127620
11th edition
Authors: Walter Harrison, Charles Horngren, William Thomas, Wendy Tietz
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