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Table 6-5 This Table Pertains to an Economy with Only Two Goods

Question 161

Multiple Choice

Table 6-5
This table pertains to an economy with only two goods: books and calculators.The fixed basket consists of 5 books and 10 calculators.
-Refer to the Table 6-5.Using 2013 as the base year,what is the consumer price index?


A) 100 in 2013,135 in 2014,and 155 in 2015
B) 100 in 2013,270 in 2014,and 310 in 2015
C) 200 in 2013,270 in 2014,and 310 in 2015
D) 200 in 2013,540 in 2014,and 620 in 2015

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