The Data in the Table Above Shows the Consumption by |

question 85

Multiple Choice

$\begin{array} { | l | c | c | c | c | } \hline \text { Item } & \begin{array} { c } \text { Quantity } \\( \mathbf { 2 0 1 1 } ) \end{array} & \text { Price (2011) } & \begin{array} { c } \text { Quantity } \\\text { (2012) }\end{array} & \text { Price (2012) } \\\hline \text { Magazines } & 400 & \$ 5.00 & 450 & \$ 4.50 \\\hline \text { Movie tickets } & 50 & \$ 6.00 & 200 & \$ 8.00 \\\hline \text { Pizzas } & 100 & \$ 10.00 & 120 & \$ 10.50 \\\hline\end{array}$
The data in the table above shows the consumption by families in an economy. The year 2011 is the reference base period.
-Based on the table above, the CPI for 2011 is

• A)98.5.
• B)102.5.
• C)100.
• D)5.0%.
• E)105.1.

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