Refer to the following figure when answering the questions that follow.
-In the figure,which of the following changes in the consumer price index (CPI) of Brazil would most closely reflect what is depicted during the 2003-2004 time period?
A) January 2003: 100; July 2003: 118; July 2004: 120
B) January 2003: 200; July 2003: 236; July 2004: 250
C) January 2003: 100; July 2003: 118; July 2004: 200
D) January 2003: 110; July 2003: 120; July 2004: 130
E) January 2003: 100; July 2003: 118; July 2004: 106
Correct Answer:
Verified
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