The Information in the Above Table Gives the 2000 Base

question 54

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
2010?

• A)71.4
• B)100
• C)133
• D)140
• E)142

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Definitions:

Paresthesia

An abnormal sensation, typically tingling or pricking ('pins and needles'), caused by pressure on or damage to peripheral nerves.

Cephalalgia

A medical term referring to pain located in the head, commonly known as a headache.

Cerebral Palsy

A neurological disorder caused by brain damage around the time of birth, affecting movement and muscle tone.

Sensory

Pertaining to the senses or sensation, involving the reception and transmission of stimuli to the central nervous system.