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If the CPI Has a Value of 150 Today and the Base

Question 27

Multiple Choice

If the CPI has a value of 150 today and the base year is 2000, then it costs


A) €100 today to buy what cost €150 in the base year.
B) €1 today to buy what cost €150 in the base year.
C) €150 today to buy what cost €100 in the base year.
D) €2 today to buy what cost €1 in the base year.

Correct Answer:

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