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Business, 09.03.2020 21:17 ogzayy

The people on Coral Island buy only juice and cloth. The CPI basket contains the quantities bought in 2013. The average household spent $6060 on juice and $3030 on cloth in 2013 when the price of juice was $22 a bottle and the price of cloth was $55 a yard. In 2014, juice is $44 a bottle and cloth is $66 a yard. Calculate the CPI basket and the percentage of the household's budget spent on juice in 2013.

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