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Monthly Expenditures for a Family of 4 in 2012 Averaged

Question 14

Multiple Choice

Monthly expenditures for a family of 4 in 2012 averaged $1,400.In 2013,the cost of the same purchases was $1,500.If 2012 is the base year,what was the CPI in 2013?


A) 110
B) 107
C) 100
D) 93

Correct Answer:

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