The Following Table Lists the Basket of Goods in the

question 59

Multiple Choice

The following table lists the basket of goods in the
Consumer Price Index for the nation of Astro (Assume 2014 is the base year.)
Table 12.2
-Using the information in Table 12.2, the percent increase in prices over the two year period from 2014 to 2016 is approximately

• A) 26 percent.
• B) 31 percent.
• C) 38 percent.
• D) 98 percent.

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