Multiple Choice
Use the following to answer questions :
Table: Peanut Butter and Jelly
-(Table: Peanut Butter and Jelly) Look at the table Peanut Butter and Jelly. Suppose a market basket consists of 20 jars of peanut butter and 10 jars of jelly. If 2012 is the base year, what is the value of the price index in 2014?
A) 122.5
B) 111.25
C) 90
D) 81.6
Correct Answer:

Verified
Correct Answer:
Verified
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