Suppose We Shopped for a Basket of Goods in Year

question 22

Multiple Choice

Suppose we shopped for a basket of goods in Year 1 and it cost $350. Suppose the same basket of goods adds up to $385 in Year 2. If we use Year 1 as a base year, what would be the Year 2 CPI?

• A) 35.
• B) 90.
• C) 100.
• D) 110.

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Definitions:

Isopropyl Bromide

A brominated hydrocarbon with the chemical formula C3H7Br, used in organic synthesis as an alkylating agent.

Neopentyl Bromide

A primary alkyl halide with the formula CH3C(Br)(CH3)3, known for its resistance to nucleophilic substitution reactions.

Cyclohexanone

A six-membered cyclic ketone, important as an intermediate in the synthesis of nylon and other polymers.

α-Halogenation

A chemical process where a hydrogen atom in an organic molecule is replaced by a halogen atom through substitution.