Multiple Choice
If the CPI has a value of 150 today and the base year is 2000, then it costs
A) €100 today to buy what cost €150 in the base year.
B) €1 today to buy what cost €150 in the base year.
C) €150 today to buy what cost €100 in the base year.
D) €2 today to buy what cost €1 in the base year.
Correct Answer:
Verified
Correct Answer:
Verified
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