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Use the Table Below to Answer the Following Questions

Question 60

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.
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 2002 is A) 1,340. B) 158. C) 100. D) 96. E) 63.
-Refer to Table 21.3.1. The reference base period is 2002. The CPI in 2002 is


A) 1,340.
B) 158.
C) 100.
D) 96.
E) 63.

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