The Information in the Above Table Gives the 2000 Base

question 28

Multiple Choice

$\begin{array} { l c c l } \hline { \text { Item } } & \begin{array} { c } \text { Quantity } \\( \mathbf { 2 0 0 0 ) }\end{array} & \begin{array} { c } \text { Price } \\\mathbf { ( 2 0 0 0 ) }\end{array} & \begin{array} { c } \text { Price } \\\mathbf { ( 2 0 1 0 ) }\end{array} \\\hline \text { Movie tickets } & 4 & \$ 5.00 & \$ 7.50 \\\text { Bags of popcorn } & 2 & \$ 3.00 & \$ 3.00 \\\text { Cups of Mt. Dew } & 4 & \$ 1.00 & \$ 1.50 \\\hline\end{array}$
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 the base period 2000?

• A)140
• B)133
• C)30
• D)100
• E)75

---

Definitions:

Soviet Union

A former federal socialist state in Eastern Europe and Northern Asia, existing from 1922 to 1991, known for its communist governance and being a principal player in global politics during the 20th century.

Kaiser Shipyards

A collection of shipyards in the United States known for their rapid production of Liberty ships and other naval vessels during World War II, significantly contributing to the Allied war effort.

Liberty ships

A class of cargo ships built in the United States during World War II, designed for rapid construction to support the Allied war effort.

Stalingrad

The site of a significant and brutal battle during World War II between Soviet and Axis forces, known for its strategic importance and the immense loss of life.