Table 20-2

-Refer to Table 20-2. Assume the market basket for the consumer price index has two products-bread and milk-with the following values in 2013 and 2018 for price and quantity: The Consumer Price Index for 2018 equals
A) 118.
B) 116.
C) 86.
D) 85.

Question

Table 20-2
 
-Refer to Table 20-2. Assume the market basket for the consumer price index has two products-bread and milk-with the following values in 2013 and 2018 for price and quantity: The Consumer Price Index for 2018 equals
A) 118. 
B) 116. 
C) 86. 
D) 85.

Quizplus · Accepted Answer

The Answer of Table 20-2
 
-Refer to Table 20-2. Assume the market basket for the consumer price index has two products-bread and milk-with the following values in 2013 and 2018 for price and quantity: The Consumer Price Index for 2018 equals
A) 118. 
B) 116. 
C) 86. 
D) 85.

Table 20-2 -Refer to Table 20-2. Assume the Market Basket for the Market