Multiple Choice
Table 24-2
The following table pertains to Wiskancia, an economy in which the typical consumer's basket consists of 15 pounds of apples and 7 teddy bears.
-Refer to Table 24-2. If the base year is Year 1, then the CPI in Year 3 was
A) 120.5.
B) -111.2.
C) 74.7.
D) 111.2.
Correct Answer:

Verified
Correct Answer:
Verified
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