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The Information in the Above Table Gives the 2000 Base

question 54

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 Item  Quantity (2000)  Price (2000)  Price (2010)  Movie tickets 4$5.00$7.50 Bags of popcorn 2$3.00$3.00 Cups of Mt. Dew 4$1.00$1.50\begin{array} { l c c l } \hline { \text { Item } } & \begin{array} { c } \text { Quantity } \\( \mathbf { 2 0 0 0 ) }\end{array} & \begin{array} { c } \text { Price } \\\mathbf { ( 2 0 0 0 ) }\end{array} & \begin{array} { c } \text { Price } \\\mathbf { ( 2 0 1 0 ) }\end{array} \\\hline \text { Movie tickets } & 4 & \$ 5.00 & \$ 7.50 \\\text { Bags of popcorn } & 2 & \$ 3.00 & \$ 3.00 \\\text { Cups of Mt. Dew } & 4 & \$ 1.00 & \$ 1.50 \\\hline\end{array}
The information in the above table gives the 2000 base period market basket and prices used to construct the CPI for a small nation. The table also has 2010 prices.
- What is the value of the CPI for
2010?

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