Multiple Choice
Use the table below to answer the following questions.
Table 21.3.1
Suppose a simple economy produces three goods only.
The price and output data for some selected years are shown below.
-Refer to Table 21.3.1. The reference base period is 2002. The CPI in 2014 is
A) 1,340.
B) 158.
C) 100.
D) 96.
E) 63.
Correct Answer:

Verified
Correct Answer:
Verified
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