A typical resident of the country of Univertopia consumes a simple basket of goods consisting of soda, pizza, and Frisbees. The base yearʹs basket contains 500 sodas, 200 pizzas, and 40 Frisbees. The prices of these goods over 8 years are given in the table.

-Refer to the scenario above. Using 2014 as the base year, what is the Consumer Price Index for 2016?
A) 118.2
B) 120.0
C) 121.6
D) 124.0

Question

A typical resident of the country of Univertopia consumes a simple basket of goods consisting of soda, pizza, and Frisbees. The base yearʹs basket contains 500 sodas, 200 pizzas, and 40 Frisbees. The prices of these goods over 8 years are given in the table.
 
-Refer to the scenario above. Using 2014 as the base year, what is the Consumer Price Index for 2016?
A) 118.2 
B) 120.0 
C) 121.6 
D) 124.0

Quizplus · Accepted Answer

The Answer of A typical resident of the country of Univertopia consumes a simple basket of goods consisting of soda, pizza, and Frisbees. The base yearʹs basket contains 500 sodas, 200 pizzas, and 40 Frisbees. The prices of these goods over 8 years are given in the table.
 
-Refer to the scenario above. Using 2014 as the base year, what is the Consumer Price Index for 2016?
A) 118.2 
B) 120.0 
C) 121.6 
D) 124.0

A Typical Resident of the Country of Univertopia Consumes a Simple