Suppose that a market basket used to construct a university student price index (USPI) consists of 4 textbooks and 100 gallons of gasoline. In 2018, the base year, textbooks cost $100 each, and gasoline costs $2 per gallon. In 2019, textbooks still cost $100 each, and gasoline costs $4 per gallon. The USPI for 2019 is:
A)200.33.
B)200.33
C)116.67
D)116.67.
E)150.25
F)150.25.
G)16.67
H)16.67.

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The Answer of Suppose that a market basket used to construct a university student price index (USPI) consists of 4 textbooks and 100 gallons of gasoline. In 2018, the base year, textbooks cost $100 each, and gasoline costs $2 per gallon. In 2019, textbooks still cost $100 each, and gasoline costs $4 per gallon. The USPI for 2019 is:
A)200.33.
B)200.33
C)116.67
D)116.67.
E)150.25
F)150.25.
G)16.67
H)16.67.

Suppose That a Market Basket Used to Construct a University