Table 13-3

-Refer to Table 13-3.Assume the market basket for the consumer price index has three products - Cokes,hamburgers,and CDs - with the following values in 2006 and 2011 for price and quantity: The Consumer Price Index for 2011 equals
A)75.
B)93.
C)108.
D)121.

Question

Table 13-3
 
-Refer to Table 13-3.Assume the market basket for the consumer price index has three products - Cokes,hamburgers,and CDs - with the following values in 2006 and 2011 for price and quantity: The Consumer Price Index for 2011 equals
A)75. 
B)93. 
C)108. 
D)121.

Quizplus · Accepted Answer

The Answer of Table 13-3
 
-Refer to Table 13-3.Assume the market basket for the consumer price index has three products - Cokes,hamburgers,and CDs - with the following values in 2006 and 2011 for price and quantity: The Consumer Price Index for 2011 equals
A)75. 
B)93. 
C)108. 
D)121.

Table 13-3 -Refer to Table 13-3.Assume the Market Basket for the Consumer