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The Cost of the CPI Basket in Base-Period Prices Is

Question 101

Multiple Choice

The cost of the CPI basket in base-period prices is $200 and the cost of the CPI basket in current-period prices is $450. The CPI in the current year is


A) 450.
B) 225.
C) 300.
D) 250.
E) 44.44.

Correct Answer:

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