Multiple Choice
If the CPI has a value of 150 today and the base year is 2000, then it costs
A) R100 today to buy what cost R150 in the base year.
B) R1 today to buy what cost R150 in the base year.
C) R150 today to buy what cost R100 in the base year.
D) R2 today to buy what cost R1 in the base year.
Correct Answer:
Verified
Correct Answer:
Verified
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