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  • 16-05-2023
  • Business
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If in 2005, the CPI was 125 then which of the following is true of the purchasing power compared to the base year? I. In the base year, $1 purchased $1 worth of goods/services. II. In the year 2005, $1 only had the purchasing power of $0.80. III. The base year was 2000.

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