Table 24-3 The Table Below Pertains to Iowan, an Economy in Which

question 395

Multiple Choice

Table 24-3
The table below pertains to Iowan, an economy in which the typical consumer's basket consists of 4 pounds of pork and 3 bushels of corn.
-Refer to Table 24-3. If 2012 is the base year, then the CPI for 2012 was

• A)75.3.
• B)100.0.
• C)116.0.
• D)132.8.