Multiple Choice
Table 24-10
The table below shows the prices of baseballs and baseball bats for three years. Assume the typical consumer's basket consists of 6 baseballs and 2 baseball bats.
-Refer to Table 24-10. If 2010 is the base year, then the consumer price index was
A) 77.40 in 2008, 85.16 in 2009, and 100.00 in 2010.
B) 50.50 in 2008, 67.50 in 2009, and 100.00 in 2010.
C) 90.88 in 2008, 85.16 in 2009, and 100.00 in 2010.
D) 169.50 in 2008, 186.50 in 2009, and 219.00 in 2010.
Correct Answer:

Verified
Correct Answer:
Verified
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