Table 11-3
the Table Below Pertains to Studious, an Economy

question 93

Multiple Choice

Table 11-3
The table below pertains to Studious, an economy in which the typical consumer's basket consists of 5 books and 10 calculators. $$\begin{array} { | c | c | c | } \hline \text { Year } & \begin{array} { c } \text { Price of a } \\\text { Buak }\end{array} & \begin{array} { c } \text { Price of a } \\\text { Calculator }\end{array} \\\hline 2006 & \$ 24 & \$ 8 \\\hline 2007 & \$ 30 & \$ 12 \\\hline 2008 & \$ 32 & \$ 15 \\\hline\end{array}$$
-Refer to Table 11-3. If 2006 is the base year, then the consumer price index was

• A)100 in 2006, 135 in 2007, and 155 in 2008.
• B)100 in 2006, 270 in 2007, and 310 in 2008.
• C)200 in 2006, 135 in 2007, and 155 in 2008.
• D)200 in 2006, 270 in 2007, and 310 in 2008.

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Definitions:

Score

A quantitative expression of the outcome from an evaluation, test, or assessment, representing the level of performance or achievement.

Average

A statistical measure representing the central or typical value in a set of data, calculated as the sum of all values divided by the number of values.

Social Desirability Scales

Psychological tools used to assess the extent to which people's responses are influenced by the desire to be seen favorably by others.

Research

The organized examination and analysis of materials and sources to discover facts and form new conclusions.