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Use the Table Below to Calculate the CPI in 2007

Question 8

Multiple Choice

Use the table below to calculate the CPI in 2007.Assume the base year is 2007 and the cost of the market basket in the base year is $275.50. Use the table below to calculate the CPI in 2007.Assume the base year is 2007 and the cost of the market basket in the base year is $275.50. The CPI in 2007 is A) 100 B) 126 C) 115 D) 230 E) 200 The CPI in 2007 is


A) 100
B) 126
C) 115
D) 230
E) 200

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