Table 6-4 The Table Below Pertains to Wrexington, an Economy in Which

question 54

Multiple Choice

Table 6-4
The table below pertains to Wrexington, an economy in which the typical consumer's basket consists of 20 pounds of meat and 10 toys.

-Refer to Table 6-4. If the base year is 2004, then the CPI

• A) increased from 2004 to 2005 and increased from 2005 to 2006.
• B) increased from 2004 to 2005 and decreased from 2005 to 2006.
• C) decreased from 2004 to 2005 and increased from 2005 to 2006.
• D) decreased from 2004 to 2005 and decreased from 2005 to 2006.