Multiple Choice
A country reports the total expenditures on the fixed CPI basket for the past three years.The cost of the CPI basket in 2010 was $23,000,the cost of the CPI basket for the reference base period,2011,was $23,805,and the cost of the CPI basket in 2012 was $24,500.The CPI for 2012 is
A) 245.0.
B) 97.2.
C) 106.5.
D) 102.9.
E) 93.9.
Correct Answer:
Verified
Correct Answer:
Verified
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