For the Following Question(s), Suppose That an Economy Produces Only

question 10

Multiple Choice

For the following question(s) , suppose that an economy produces only bread and computers. Assume that all production is
consumed in each year, and that price and quantity data are given in the table below.
-If Year 1 is the base year, the CPI for Year 2 is approximately

• A)126.3.
• B)131.3.
• C)100.0.
• D)181.0.
• E)211.0.

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