Multiple Choice
Table 24-8
The table below relates to the economy of Mainland, where the typical consumer's market basket consists of 2 televisions and 300 hamburgers.
-Refer to Table 24-8. If the base year is 2013, then the consumer price index was
A) 80 in 2013, 100 in 2014, and 60 in 2015.
B) 100 in 2013, 300 in 2014, and -100 in 2015.
C) 180 in 2013, 200 in 2014, and 160 in 2015.
D) 100 in 2013, 111.1 in 2014, and 88.9 in 2015.
Correct Answer:

Verified
Correct Answer:
Verified
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