In Constructing the Consumer Price Index for the Current Year

question 4

Multiple Choice

In constructing the consumer price index for the current year

• A)the average price of a "bundle" of goods purchased in a base year is divided by the prices of the same bundle that existed during the current year.
• B)the average price of a "bundle" of goods purchased during a base year is divided into the price that existed in the current year.
• C)the total cost of a "bundle" of goods purchased in a base year is divided by the cost of the same bundle that existed during the current year.
• D)the total cost of a "bundle" of goods purchased in a base year is divided into the cost of the same bundle that existed during the current year.

---

Definitions:

Law and Order

A phrase referring to the strict enforcement of laws and the maintenance of public order and safety.

Authoritative Pattern

A parenting style marked by high demands but also high responsiveness, leading to well-adjusted children.

Parenting

The actions and practices involved in raising and nurturing children from infancy through adulthood.

Permissive Pattern

A parenting style characterized by low demands with high responsiveness.