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market basket of goods was 1,965. In 2016 the cost of the same market basket of goods was ​2,131. Calculate the price index for 2016 using the price index​ formula, assume 2014 is the base year

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market basket of goods was 1,965. In 2016 the cost of the same market basket of goods was ​2,131.

Calculate the price index for 2016 using the price index​ formula, assume 2014 is the base year

 
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