Multiple Choice
The value of the consumer price index (CPI) is always equal to ______________ in the base year.
A) 1
B) 10
C) 100
D) 1,000
E) There is not enough information given to answer this question.
Correct Answer:

Verified
Correct Answer:
Verified
Q76: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q77: Smith's income was $50,000 in year 1
Q78: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q79: A seamstress who quits her job in
Q80: Of all the categories of unemployment,most unemployed
Q82: Suppose the market basket consists of 100X,200Y,and
Q83: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q84: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit
Q85: Suppose there are 50 million persons in
Q86: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB6439/.jpg" alt=" -Refer to Exhibit