Suppose That 1983 Is the Base Year for the Consumer

question 138

Multiple Choice

Suppose that 1983 is the base year for the Consumer Price Index (CPI) and in 2019 the CPI is 260.What does this "260" mean?

• A) What cost $100 in 1983 on average cost 2.60 times as much in 2019.
• B) What cost $100 in 1983 on average cost $260 more in 2019.
• C) What cost $100 in 1983 on average cost 0.26 times as much in 2019.
• D) What cost $100 in 1983 on average cost $26 more in 2019.

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Definitions:

Linda Brown

A key figure in the U.S. civil rights movement, she was the child associated with the landmark Supreme Court case Brown v. Board of Education, which declared racial segregation in public schools unconstitutional.

With All Deliberate Speed

A phrase used in the 1954 Supreme Court decision Brown v. Board of Education, mandating the desegregation of public schools, but allowing it to proceed at a gradual pace.

Desegregate

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Discriminatory practices by individuals or private organizations, as opposed to practices enforced or mandated by the government.