Suppose We Shopped for a Basket of Goods in Year

question 186

Multiple Choice

Suppose we shopped for a basket of goods in Year 1 and it cost $350.Suppose the same basket of goods costs $385 in Year 2.If the CPI in Year 1 is 100,the CPI in Year 2 will be

• A)35.
• B)90.
• C)100.
• D)110.
• E)135.

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Definitions:

Pets

Domestic or tamed animals kept for companionship or pleasure.

Operationalization

The procedure by which researchers establish criteria for assigning observations to variables.

Research Practice

The regular engagement in systematic investigation and study in any field of knowledge to establish facts or principles.

Observations

The action or process of closely monitoring or noting phenomena to gain information.