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User Generated

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Economics

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Explanation & Answer

CP (year 1) = 3*10+4*12 =78

CP (year 2) =3*12+4*15=96

CP (year 3) =3*14+4*18 =114

CPI for year 2 = 96/78 *100 =123.08

CPI for Year 3 = 114/78 *100 =146.15


Anonymous
Really great stuff, couldn't ask for more.

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