menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Principles of Macroeconomics Study Set 8
  4. Exam
    Exam 11: Measuring the Cost of Living: The Consumer Price Index
  5. Question
    If the Consumer Price Index Was 96 in 2012,100 in 2013,and
Solved

If the Consumer Price Index Was 96 in 2012,100 in 2013,and

Question 60

Question 60

Multiple Choice

If the consumer price index was 96 in 2012,100 in 2013,and 102 in 2014,then the base year must be


A) 2012.
B) 2013.
C) 2014.
D) The base year cannot be determined from the given information.

Correct Answer:

verifed

Verified

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

Related Questions

Q55: The introduction of a new good<br>A)increases the

Q56: Which of the following is not an

Q57: Which of these events would cause the

Q58: Suppose a basket of goods and services

Q59: Which of the following is the most

Q62: Assume that consumers consider rice and potatoes

Q63: Which of the following changes in the

Q64: Suppose a basket of goods and services

Q65: The price index was 92 in 2014,and

Q188: By far the largest category of goods

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