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You Read in the Newspaper That the Consumer Price Index

Question 86

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:

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