Multiple Choice
You read in the newspaper that the consumer price index for 2019 is 120. You conclude that a typical market basket in 2019 would have cost _____ more than the same market basket purchased in _____.
A) 20%; 2010.
B) 20%; 2010
C) 120%; 2010.
D) 120%; 2010
E) 20%; the base year
F) 20%; the base year.
G) 120%; the base year.
H) 120%; the base year
Correct Answer:

Verified
Correct Answer:
Verified
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