Complete the following table: The CPL in 2014 equals (Enter your response rounded to two decimal places.)

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Complete the following table:
2016 Base Year 2014 Product Quantity Price Expenditures Price Expenditures Denim Jeans Price Expenditures $95 16 $60 12

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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Related Book For  book-img-for-question

Exploring Economics

ISBN: 9781439040249

5th Edition

Authors: Robert L Sexton

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