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Exhibit 18-7 -The Information in Exhibit 18-7 Gives the 2011 Base Period

Question 126

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Exhibit 18-7
Exhibit 18-7 -The information in Exhibit 18-7 gives the 2011 base period market basket and prices used to construct the CPI for a small nation. It also has the 2016 prices. What is the value of the CPI for the base period 2011? A) 1.33 B) 1.00 C) 0.71 D) 1.40 E) 1.25
-The information in Exhibit 18-7 gives the 2011 base period market basket and prices used to construct the CPI for a small nation. It also has the 2016 prices. What is the value of the CPI for the base period 2011?


A) 1.33
B) 1.00
C) 0.71
D) 1.40
E) 1.25

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