Table 5.2 -Refer to Table 5.2.Assume the Market Basket for the Consumer

Multiple Choice

Table 5.2
-Refer to Table 5.2.Assume the market basket for the consumer price index has two products - bread and milk - with the above values in 2002 and 2014 for price and quantity.The Consumer Price Index for 2014 equals

A) 118.
B) 116.
C) 86.
D) 85.
E) 76.