Multiple Choice
Table 24-4
The table below pertains to Studious, an economy in which the typical consumer's basket consists of 5 books and 10 calculators.
-Refer to Table 24-4. If 2013 is the base year, then the consumer price index was
A) 80.8 in 2012, 100 in 2013, and 107.7 in 2014.
B) 80.5 in 2012, 100 in 2013, and 107.3 in 2014.
C) 247.5 in 2012, 307.5 in 2013, and 330 in 2014.
D) 210 in 2012, 260 in 2013, and 280 in 2014.
Correct Answer:

Verified
Correct Answer:
Verified
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