Complete the following table: The CPL in 2014 equals (Enter your response rounded to two decimal places.)
Question:
The CPL in 2014 equals (Enter your response rounded to two decimal places.)
How would we calculate the 2014 CPI with the given information?
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2016 Base Year 2014 Product Quantity Price Expenditures Price Expenditures Denim Jeans Price Expenditures $95 16 $60 12 $60 240 100 $120 $120 360 100 $95 320 120 20 20 Pizzas Coffee Drinks $ 400 Total $ 580 $ 535
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