Question: Using 2014 as the base period, compute a simple price index for each of the following commodities. Interpret your results 2014 2015 Eggs $1.47 $1.49

Using 2014 as the base period, compute a simple price index for each of the following commodities. Interpret your results 2014 2015 Eggs $1.47 $1.49 Bus pass $86.73 $97.79 Clothing $1591.17 $1544.29

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