Solved

If the Price of the Market Basket of Goods in a Country

Question 10

Multiple Choice

If the price of the market basket of goods in a country for the base year of 2013 was R20,000 and the price of the same basket had risen to R22,000 by 2014, the CPI for 2014


A) cannot be calculated.
B) is R12,000.
C) is 200.
D) is 110.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions