Table 24-5 The Table Below Pertains to Wrexington, an Economy in Which

question 195

Multiple Choice

Table 24-5
The table below pertains to Wrexington, an economy in which the typical consumer's basket consists of 20 pounds of meat and 10 toys.
-Refer to Table 24-5. If the base year is 2004, then the CPI in 2005 was

• A)88.9.
• B)90.
• C)100.
• D)112.5.