Table 5.2 -Refer to Table 5.2.Assume the Market Basket for the Consumer

question 138

Multiple Choice

Table 5.2
-Refer to Table 5.2.Assume the market basket for the consumer price index has two products - bread and milk - with the above values in 2002 and 2014 for price and quantity.The Consumer Price Index for 2014 equals

• A)118.
• B)116.
• C)86.
• D)85.
• E)76.