Table 11-5
The table below pertains to Napandsnack, an economy in which the typical consumer's basket consists of 2 pillows and 15 hotdogs.
-Refer to Table 11-5. If the base year is 2009, then the consumer price index was
A) 100 in 2009, 115 in 2010, and 116 in 2011.
B) 100 in 2009, 115 in 2010, and 135 in 2011.
C) 100 in 2009, 120 in 2010, and 116 in 2011.
D) 120 in 2009, 125 in 2010, and 135 in 2011.
Correct Answer:
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