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    Principles of Macroeconomics Study Set 16
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    Exam 8: The Price Level and Inflation
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    The Value of the Consumer Price Index CPI) in 2011
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The Value of the Consumer Price Index CPI) in 2011

Question 44

Question 44

Multiple Choice

The value of the consumer price index CPI) in 2011 was 229 compared to the base period's, which will always have the value of


A) 1.
B) 50.
C) 100.
D) 150
E) 229.

Correct Answer:

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