Multiple Choice
Table 24-9
The table below lists the per gallon prices of gas and milk for the months of April, May, and June. Assume that the typical consumer buys 60 gallons of gas and 4 gallons of milk each month, and that April is the base period.
-Refer to Table 24-9. What is the consumer price index for May?
A) 60
B) 132
C) 166
D) 123
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Table 24-12. Will's expenditures on food for
Q2: Babe Ruth,the famous baseball player,earned $80,000 in
Q11: Table 24-9<br>The table below lists the per
Q27: Which of the following statements best represents
Q46: The CPI was 96 in 1982,and the
Q56: Which of the following is not an
Q116: Core CPI is a price index that
Q124: Janelle earned a salary of $40,000 in
Q167: For a country like the United States,
Q174: In the CPI, goods and services are