Monday, December 12, 2011

If the cost of the CPI market basket at current period prices is $550 and the cost of the CPI?

market basket at base period prices is $250, the CPI is


A) 2.20.


B) 220.


C) 550.


D) 1,375.


E) 250.|||The answer is B, or 550/250 x 100= 220.

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