Multiple Choice
In 1996, the "market basket" of services and goods that was used to calculate the CPI cost $200 and the CPI was equal to 100. Let's imagine that the same basket of goods now costs $300. What is the value of today's CPI?
A) 100
B) 125
C) 150
D) 200
Correct Answer:
Verified
Correct Answer:
Verified
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