Suppose a Basket of Goods and Services Has Been Selected

question 175

Multiple Choice

Suppose a basket of goods and services has been selected to calculate the CPI and 2002 has been selected as the base year. In 2002, the basket's cost was $50; in 2004, the basket's cost was $52; and in 2006, the basket's cost was $57.25. The value of the CPI in 2006 was

• A)91.6.
• B)104.6.
• C)109.2.
• D)114.5.

---

Definitions:

Biologically

Pertaining to biology; relating to the scientific study of life and living organisms and their structure, growth, function, genetics, and evolution.

Black Drug Offenders

Individuals of African descent who are accused or convicted of drug-related crimes, often highlighted in discussions of racial disparities in the justice system.

Targeting

The process of identifying and directing efforts or attacks toward a specific group, object, or person based on particular criteria.

Convicted Less

The phenomenon where certain individuals or groups are found guilty of crimes at lower rates than others, possibly due to biases.