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Author Question: When a Mexican company purchases a U.S.-made computer, the Mexican company pays for it with A) ... (Read 70 times)

soccerdreamer_17

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on: Jun 29, 2018
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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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

CPI =  100.


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