Asked by DV

How to calculate the CPI for expenditures?

Given:
2001 $645
2002 $545

Answers

Answered by drwls
Expenditures for what? In what year? What do the second "given" column of numbers represent?

I can't imagine CPI itself going down by that much (15.5%) from 2001 to 2002. It hardly ever goes down.

You must have left some information, as well as definitions, out of your question.
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