Table 24-15
The following table shows the prices of good X and good Y for 2013-2015. In addition, assume the basket of goods used to compute the Consumer Price Index consists of 3 units of good X and 4 units of good Y.
-Refer to Table 24-15. If the base year is 2015, the value of the Consumer Price Index in 2013 is
A) 41.7.
B) 70.8.
C) 86.0.
D) 141.2.
Correct Answer:
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Q556: Table 24-14
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