Multiple Choice
Table 9-3
Base Year (2011) 2016
-Refer to Table 9-3.Assume the market basket for the consumer price index has three products - Cokes,hamburgers,and CDs - with the following values in 2011 and 2016 for price and quantity: The Consumer Price Index for 2016 equals
A) 75.
B) 93.
C) 108.
D) 121.
Correct Answer:

Verified
Correct Answer:
Verified
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