A basket of goods and services representative of the CPI cost $2750 when the CPI stood at

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A basket of goods and services representative of the CPI cost $2750 when the CPI stood at 127.2.

a. What did the basket of goods cost 10 years earlier, when the CPI was at 107.9?

b. What was the overall percent inflation experienced by consumers for the entire 10-year period?

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