Suppose a loaf of bread cost 100 in 1984 and 180 in 2004

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Reference no: EM13623129

Suppose a loaf of bread cost $1.00 in 1984, and $1.80 in 2004. What is the bread price index in 2004, using 1984 as the base year? interpret your answer.

Reference no: EM13623129

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