-Refer to the Table in the Exhibit

question 10

Multiple Choice

$$\begin{array} { l c c c } \hline \text { Product } & \begin{array} { c } \text { Quantity in } \\\text { market basket } \\\text { (no.) }\end{array} & \begin{array} { c } \text { Price in } \\\text { base year } \\( \$ ) \end{array} & \begin{array} { c } \text { Price in } \\\text { current year } \\( \$ ) \end{array} \\\hline \text { Bread } & 10 & 1.00 & 1.50 \\\text { Milk } & 5 & 1.00 & 2.00 \\\text { Chewing gum } & 50 & 0.20 & 0.50 \\\hline\end{array}$$
-Refer to the table in the exhibit.How much did the price index change from the base year to the current year?  

• A) The price index increased by 100 percent. 
• B) The price index increased by 50 percent. 
• C) The price index decreased by 100 percent. 
• D) The price index decreased by 50 percent.

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