-The Information in the Table Above Gives the 2008 Reference

question 338

Multiple Choice

$$\begin{array} { | c | l | l | l | } \hline && { 2008 } & 2009 \\\hline \text { Item } & \text { Quantity } & \text { Frice } & \text { Price } \\\hline \text { Movie tickets } & 4 & \$ 5.00 & \$ 7.50 \\\hline \begin{array} { c } \text { Bags of } \\\text { popcorn }\end{array} & 2 & \$ 3.00 & \$ 3.00 \\\hline \text { Drinks of soda } & 4 & \$ 1.00 & \$ 1.50 \\\hline\end{array}$$
-The information in the table above gives the 2008 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2009 prices. What is the value of the CPI for the reference base period, 2008?

• A) 100
• B) 75
• C) 133
• D) 140

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Definitions:

Bill Of Sale

A legal document that details a transaction between two parties, transferring ownership of personal property from the seller to the buyer.

Exchange

A marketplace or platform where securities, currencies, commodities, or other financial instruments are traded between two parties.

Performance

The execution, accomplishment, or fulfillment of a task, work, or function as specified or expected.

Erect

To construct, build up, or establish something in an upright position.