Table 9-2
Base Year (2011) 2016
-Refer to Table 9-2.Assume the market basket for the consumer price index has two products - bread and milk - with the following values in 2011 and 2016 for price and quantity: The Consumer Price Index for 2016 equals
A) 118.
B) 116.
C) 86.
D) 85.
Correct Answer:
Verified
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Base Year (2011)2016
Base Year (2011)2016
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