Multiple Choice
To find the cost of the CPI market basket in the base period prices we have to multiply the
A) current period quantities in the CPI market basket by the base period prices.
B) quantities in the CPI market basket by the base period prices.
C) current period quantities in the CPI market basket by the current period prices.
D) quantities in the CPI market basket by the base period prices and then multiply by 100.
E) quantities in the CPI market basket by the current period prices.
Correct Answer:
Verified
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