Table 5.11 -Refer to Table 5.11.Suppose an Economy Has Only Three Goods

question 64

Multiple Choice

Table 5.11
-Refer to Table 5.11.Suppose an economy has only three goods and the typical family purchases the amounts given in the table above.If 2011 is the base year, then what is the CPI for 2016?

• A)14.3
• B)87.5
• C)93.2
• D)114.3
• E)160

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Definitions:

Nutrient-rich

Containing a high concentration of essential nutrients necessary for healthy growth and development.

Upwelling

Upward movement of deep, nutrient-rich water along coasts; it replaces surface waters that move away from shore when the direction of the prevailing wind shifts.

Ocean Current

Large scale movement of water within the oceans, driven by factors such as wind, salinity, and earth's rotation, influencing climate and marine ecosystems.

Freshwater Pollution

Contamination of lakes, rivers, and streams by harmful substances, leading to negative environmental and health effects.