Author Question: When a Mexican company purchases a U.S.-made computer, the Mexican company pays for it with A) ... (Read 75 times)

soccerdreamer_17

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When a Mexican company purchases a U.S.-made computer, the Mexican company pays for it with
 
  A) U.S. dollars.
  B) euros or yen.
  C) gold.
  D) Mexican goods and services.
  E) Mexican pesos.

Question 2

If you have the cost of the CPI market basket at current prices and the cost of the CPI market basket at base period prices, how do you calculate the CPI?
 
  What will be an ideal response?



ms_sulzle

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Answer to Question 1

A

Answer to Question 2

CPI =  100.



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