menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Study Set 3
  4. Exam
    Exam 20: Unemployment and Inflation
  5. Question
    Table 20-11 -Refer to Table 20-11. Suppose an Economy Has Only Three
Solved

Table 20-11 -Refer to Table 20-11. Suppose an Economy Has Only Three

Question 219

Question 219

Multiple Choice

Table 20-11
Table 20-11    -Refer to Table 20-11. Suppose an economy has only three goods and the typical family purchases the amounts given in the table above. If 2005 is the base year, then what is the CPI for 2013? A)  40.08 B)  100 C)  180 D)  208
-Refer to Table 20-11. Suppose an economy has only three goods and the typical family purchases the amounts given in the table above. If 2005 is the base year, then what is the CPI for 2013?


A) 40.08
B) 100
C) 180
D) 208

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: The substitution bias in the consumer price

Q111: You agree to lend $1,000 for one

Q143: The nominal interest rate minus the inflation

Q155: The economy has gone into a recession.You

Q157: If the number of unemployed workers is

Q167: Figure 20-1 <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB7397/.jpg" alt="Figure 20-1

Q189: Frictional unemployment is the result of<br>A)a persistent

Q192: Jack was unemployed two weeks ago but

Q223: Table 20-9<br> <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB4188/.jpg" alt="Table 20-9

Q235: Which of the following would be a

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines