Question:

4 Imagine that the Consumer Price Index for Canada in 2020

Last updated: 5/9/2023

4 Imagine that the Consumer Price Index for Canada in 2020

4 Imagine that the Consumer Price Index for Canada in 2020 was 102 6 Assume a base year was established in 2006 a What can you conclude about prices in Canada in 2020 1 mark b If a set of tires cost 440 in 2006 how much would the same set of tires cost approximately in 2020 2 marks