The Data in the Table Above Shows the Consumption by |

question 79

Multiple Choice

$\begin{array} { | l | c | c | c | c | } \hline \text { Item } & \begin{array} { c } \text { Quantity } \\( 2011 ) \end{array} & \text { Price (2011) } & \begin{array} { c } \text { Quantity } \\\text { (2012) }\end{array} & \text { Price (2012) } \\\hline \text { Magazines } & 400 & \$ 5.00 & 450 & \$ 4.50 \\\hline \text { Movie tickets } & 50 & \$ 6.00 & 200 & \$ 8.00 \\\hline \text { Pizzas } & 100 & \$ 10.00 & 120 & \$ 10.50 \\\hline\end{array}$
The data in the table above shows the consumption by families in an economy. The year 2011 is the reference base period.
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Based on the table above, the cost of the base period market basket in the base period is

• A)$3,250.
• B)$4,885.
• C)$21.00.
• D)$4,650.
• E)$3,300.

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Definitions:

Labour Hours

The total number of hours worked by employees within a specific period, often used as a measure of labor productivity.

Department C

A categorization or specific division within a company, organization, or institution, designated with "C".

Laser Printer

A type of printer that uses a laser beam to produce an image on a drum, which then transfers toner onto paper, creating high-quality printouts.

Index Number

A statistical measure that shows changes in a variable or group of variables over time.