A news report says that falling oil prices pushed the CPI down 0.1 percent in a month

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A news report says that falling oil prices pushed the CPI down 0.1 percent in a month in which energy prices fell 2.4 percent and the price of gasoline fell by 3.9 percent.

By what percentage did the prices of other items in the CPI basket change?

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Foundations Of Economics

ISBN: 9780135897478

9th Edition

Authors: Robin Bade, Michael Parkin

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Question Posted: Jan 06, 2023 05:26 AM

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A news report says that falling oil prices pushed the CPI down 0.1 percent in a month

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The price of energy fell 24 percent so the change in the CPI contributed by ...View the full answer

Foundations Of Economics

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