-Consumers in a Country Buy Only Two Goods,pens and CDs

question 120

Multiple Choice

-Consumers in a country buy only two goods,pens and CDs.The prices and quantities purchased by urban households are in the table above.The reference base year is 2011.If the current year is 2012,the cost of the CPI market basket in 2012 is

• A)$3,400.
• B)$3,580.
• C)$3,588.
• D)$3,508.
• E)$3,500.

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