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Scenario: a Typical Resident of the Country of Univertopia Consumes

Question 184

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Scenario: A typical resident of the country of Univertopia consumes a simple basket of goods consisting of soda, pizza, and Frisbees. The base year's basket contains 500 sodas, 200 pizzas, and 40 Frisbees. The prices of these goods over 8 years are given in the table.
Scenario: A typical resident of the country of Univertopia consumes a simple basket of goods consisting of soda, pizza, and Frisbees. The base year's basket contains 500 sodas, 200 pizzas, and 40 Frisbees. The prices of these goods over 8 years are given in the table. -Refer to the scenario above.Using 2014 as the base year,what is the Consumer Price Index for 2016? A) 118.2 B) 120.0 C) 121.6 D) 124.0
-Refer to the scenario above.Using 2014 as the base year,what is the Consumer Price Index for 2016?


A) 118.2
B) 120.0
C) 121.6
D) 124.0

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