1. What do you think are the indicator of cost of living in economics and how it is measured. Explain and give example

Principles of Economics 2e
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ISBN:9781947172364
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Publisher:Steven A. Greenlaw; David Shapiro
Chapter20: Economic Growth
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1. What do you think are the indicator of cost of living in economics and how it is measured. Explain and give example

2.What is the importance of identifying the measurement of cost of living in economic development. Justify your answer.

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