Use the Following to Answer Questions

question 190

Multiple Choice

Use the following to answer questions :
Table: Peanut Butter and Jelly

-(Table: Peanut Butter and Jelly) Look at the table Peanut Butter and Jelly. Suppose a market basket consists of 20 jars of peanut butter and 10 jars of jelly. If 2012 is the base year, what is the value of the price index in 2014?

• A)122.5
• B)111.25
• C)90
• D)81.6

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Definitions:

Civil Law Remedy

Legal solutions provided through the civil justice system, aimed at resolving non-criminal disputes between parties.

Courts of Law

Judicial institutions where legal disputes are resolved and justice is administered.

Courts of Equity

Specialized courts that apply principles of equity, rather than strict rules of law, to decide cases and provide remedies.

English Courts

The judicial system of England and Wales, comprising various levels of courts, including the Supreme Court, Court of Appeal, and High Court.