-The Data in the Table Above Show the Consumption by Families

question 54

Multiple Choice

-The data in the table above show the consumption by families in a small (poor) economy.The families consume only salt and bread.The reference base period is 2011.The cost of the CPI market basket in 2012 is

• A)$8.50.
• B)$64.00.
• C)$5.00.
• D)$52.00.
• E)Unable to be calculated because information is needed about the quantities purchased in 2010.

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