If the market basket of goods and services that the Commerce Department uses to calculate the CPI were to decline from $30,000 in the base year to $15,000 in the current year,the current year's CPI would be

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The Consumer Price Index (CPI) is calculated by taking the current year's cost of the market basket and dividing it by the base year's cost, then multiplying by 100. If the current year's cost is $15,000 and the base year's cost is $30,000, the calculation would be ($15,000 / $30,000) * 100 = 50.

If the Market Basket of Goods and Services That the Commerce