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-In 2010, Consumers in Dexter Consumed Only Books and Pens

Question 161

Multiple Choice

20102011 Item  Quantity  Price  Quantity  Price  Books 10$308$50 Pens 20$115$2\begin{array}{|l|l|l|l|l|}\hline &2010&&2011\\\hline \text { Item } & \text { Quantity } & \text { Price } & \text { Quantity } & \text { Price } \\\hline \text { Books } & 10 & \$ 30 & 8 & \$ 50 \\\hline \text { Pens } & 20 & \$ 1 & 15 & \$ 2 \\\hline\end{array}
-In 2010, consumers in Dexter consumed only books and pens. The prices and quantities for 2010 and 2011 are listed in the table above. The reference base period for Dexter?s CPI is 2010. What is the CPI in 2010?


A) 1.00
B) 320
C) 100
D) 3.20

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