Table 20-4

-Refer to Table 20-4.Suppose an economy has only three goods and the typical family purchases the amounts given in the table above.If 2006 is the base year,then what is the CPI for 2011?
A) 14.3
B) 87.5
C) 114.3
D) 160
Correct Answer:
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Q87: Monthly expenditures for a family of 4
Q94: Table 20-5 Q95: Table 20-3 Q97: If the CPI changes from 125 to Q186: The PPI is the Q190: The inflation rate measures the percentage increase Q191: Which of the following describes the accuracy Q192: If the CPI falls from 142 to Q192: The base period for CPI calculations is Q199: In 1986,an Apple IIe computer with 65
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A)price parity index.
B)prime producer
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