Calculate the price index for the given year

Reference no: EM131884734

Question: In 2010, the cost of a market basket of goods was $2,000. In 2012, the cost of the same market basket of goods was $2, 100. Use the price index formula to calculate the price index for 2012 if 2010 is the base year. The response must be typed, single spaced, must be in times new roman font (size 12) and must follow the APA format.

Reference no: EM131884734

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