The Formula for Calculating the CPI Is

question 128

Multiple Choice

The formula for calculating the CPI is

• A)(expenditures in the current year/expenditures in the base year)× 100.
• B)(expenditures in the current year × expenditures in the base year)/100.
• C)(expenditures in the base year/expenditures in the current year).
• D)(expenditures in the base year × 100)/(expenditures in the current year).
• E)(expenditures in the current year)/(average of base year and current year expenditure)× 100.

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