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According to the Table Shown, What Can Be Said About

Question 32

Multiple Choice

  According to the table shown, what can be said about the cost of living in 2012? A)  The typical consumer must spend 5 % more in 2012 than he did in 2011 in order to buy the same goods. B)  Every consumer will experience a 5 % increase in his cost of living from 2011. C)  Whatever consumers bought in 2012 cost 5% more than what they spent in 2011. D)  None of these statements is true. According to the table shown, what can be said about the cost of living in 2012?


A) The typical consumer must spend 5 % more in 2012 than he did in 2011 in order to buy the same goods.
B) Every consumer will experience a 5 % increase in his cost of living from 2011.
C) Whatever consumers bought in 2012 cost 5% more than what they spent in 2011.
D) None of these statements is true.

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