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The Cost of the CPI Basket in Base- Period Prices

Question 62

Multiple Choice

The cost of the CPI basket in base- period prices is $200 and the cost of the CPI basket in current- period prices is $450.The CPI in the current year is


A) 300.
B) 225.
C) 44.44.
D) 250.
E) 450.

Correct Answer:

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