Multiple Choice
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 2011?
A) 89.8
B) 98.4
C) 111.4
D) 115.0
Correct Answer:

Verified
Correct Answer:
Verified
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