A Country Reports the Total Expenditures on the Fixed CPI

question 115

Multiple Choice

A country reports the total expenditures on the fixed CPI basket for the past three years.The cost of the CPI basket in 2010 was $23,000,the cost of the CPI basket for the reference base period,2011,was $23,805,and the cost of the CPI basket in 2012 was $24,500.The CPI for 2012 is

• A)245.0.
• B)97.2.
• C)106.5.
• D)102.9.
• E)93.9.

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Definitions:

Agitated

A state of increased restlessness or irritation that can affect a person’s behavior and emotional state.

Verbal Communication

The process of conveying messages or information through spoken words between individuals.

Jargon

Specialized terminology or expressions used by a particular profession or group that may be difficult for outsiders to understand.

Directing Conversation

The practice of guiding and controlling the flow of dialogue in a discussion or interaction.