The Table Below Shows the Current and Base-Year Prices of Different

question 74

Multiple Choice

The table below shows the current and base-year prices of different goods in a market basket.
The consumer price index (CPI) for the current year is _____.
?
Table 6.2
?
?
$$\begin{array} { c c c c } \text { Product } & \begin{array} { c } \text { Quantity in } \\\text { market basket }\end{array} & \begin{array} { c } \text { Price in } \\\text { base year } ( \$ ) \end{array} & \begin{array} { c } \text { Price in } \\\text { current year } ( \$ ) \end{array} \\\hline \text { Bread } & 10 & 1.00 & 1.50 \\\text { Milk } & 5 & 1.00 & 2.00 \\\text { Gum } & 50 & 0.20 & 0.50\end{array}$$
?

• A)2
• B)50
• C)55
• D)182
• E)200

---

Definitions:

Infants

Very young children, typically from birth to one year of age, who are in the earliest stage of human development.

Voices

Auditory experiences perceived without an external stimulus, often occurring in conditions such as schizophrenia.

Developing Human Organism

An ongoing process of growth and change in humans, from conception through the entire lifespan.

Fetus

A developing human from approximately the end of the eighth week after conception to the moment of birth.