Multiple Choice
The basket of goods and services included in the Consumer Price Index cost $35,750 in the base year. If the same basket cost $43,000 six years later, what was the CPI on that date?
A) 83.1
B) 116.7
C) 72.5
D) 120.3
E) 118.4
Correct Answer:
Verified
Correct Answer:
Verified
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