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Question of the Week - Economics
In January, Herman bought 10 apples and 10 pears. In February, the price of apples increased and Herman only bought 8 apples. At the same time, pears became less expensive and Herman bought 12 pears.
Which of the following inflation indices would be calculated assuming Herman always bought 8 apples and 12 pears?
Question of the Week - Economics 29 votes