Multiple Choice
Use the table below to answer the following questions.
Table 6-1
-Refer to Table 6-1. Suppose that the typical consumer basket consists of 5 bushels of peaches and 10 bushels of pecans and that the base year is 2010. What is the consumer price index for 2011?
A) 80
B) 100
C) 125
D) 200
Correct Answer:
Verified
Correct Answer:
Verified
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