-The information in the table above gives the 2012 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2013 prices. What is the value of the CPI for the reference base period, 2012?
A) 140
B) 133
C) 100
D) 75
Correct Answer:
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Q226: The unemployment rate generally falls during _
Q227: When more labor is unemployed than the
Q232: The natural unemployment rate
A) estimated to be
Q233: If unemployment equals the natural unemployment rate,
Q242: Suppose the CPI last year is 121
Q243: If the basket of goods and services
Q246: The first step in measuring the CPI
Q251: Suppose the Consumer Price Index is 143.6.
Q253: Inflation is a problem when
A) it is
Q257: The consumer price index (CPI)
A) compares the
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