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please include detailed steps with answers
2. The table below shows the market basket of a hypothetical economy is given below. Item Cost in 2011 Cost in 2010 $500 $120
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CPI a. bese in Calways). 850 yeer cusrent CPI in yeer 680 125 2010 2011 CPI l00 125 b. Infletion rade 125-10 Ox 100 25.1 %3D

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