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-For the CPI, What Is the Base Year

Question 27

Multiple Choice

  -For the CPI, what is the base year? A)  It is the benchmark against which other years are compared, and it changes each year. B)  It is the benchmark against which other years are compared, and it changes occasionally. C)  It is the year the CPI first appeared. D)  It is the year prior to the year for which the CPI is calculated.
-For the CPI, what is the base year?


A) It is the benchmark against which other years are compared, and it changes each year.
B) It is the benchmark against which other years are compared, and it changes occasionally.
C) It is the year the CPI first appeared.
D) It is the year prior to the year for which the CPI is calculated.

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