A typical consumption basket for 2010 and 2011 is as follows: Suppose that 2010 is the base year. What is the CPI for 2011?
A)93.6
B)106.8
C)107.9
D)108.2
E)111.3

Question

A typical consumption basket for 2010 and 2011 is as follows:  Suppose that 2010 is the base year. What is the CPI for 2011?
A)93.6 
B)106.8 
C)107.9 
D)108.2 
E)111.3

Quizplus · Accepted Answer

The Answer of A typical consumption basket for 2010 and 2011 is as follows:  Suppose that 2010 is the base year. What is the CPI for 2011?
A)93.6 
B)106.8 
C)107.9 
D)108.2 
E)111.3

A Typical Consumption Basket for 2010 and 2011 Is as Follows