Exam (elaborations)
Econ Chapter 10 Homework questions and answers 100% correct
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A loaf of bread cost $0.18 in 1955 and the CPI was 26.8. The CPI in 2013 was 233. The cost of a loaf of bread in 1955 using 2013 dollars would be? $0.02 $1.56 $1.80 $156.00 $1.56 If healthcare costs make up 8% of total consumer expenditures and they rise by 15% while the other c...
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