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Which of the following is true about the comparison between the CPI and the PPI? Multiple Choice Both indices are based on thIf the price index for a particular year is 110, it implies that Multiple Choice prices have increased by 11% over the base yWhich of the following correctly identifies the Fisher equation? Multiple Choice r= (1 + R) / (1+1) r=R/(1+1) 1+ r= R/ (1+1)I need answer for this 3 questions

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Answer #1

Answer)

1)the ppi is more commonly used to adjust wages for changes in the cost of living than the CPI.

2) prices have increased by 10% over the base year.

3)(1+r) = (1+R)/(1+i)

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