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    Macroeconomics Principles
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    Exam 7: The Price Level and Inflation
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    Use the Table Below to Calculate the CPI in 2007
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Use the Table Below to Calculate the CPI in 2007

Question 108

Question 108

Multiple Choice

Use the table below to calculate the CPI in 2007.Assume the base year is 2007 and the cost of the market basket in the base year is $275.50.
Use the table below to calculate the CPI in 2007.Assume the base year is 2007 and the cost of the market basket in the base year is $275.50.   The CPI in 2007 is A)  100 B)  126 C)  115 D)  230 E)  200
The CPI in 2007 is


A) 100
B) 126
C) 115
D) 230
E) 200

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