Table 6-6 the Table Below Applies to an Economy with Only

question 125

Multiple Choice

Table 6-6. The table below applies to an economy with only two goods - hamburgers and hot dogs. The fixed basket consists of 4 hamburgers and 8 hot dogs.

-Refer to Table 6-6. If the base year is 2009, then the consumer price index is

• A) 100 in 2009, 109 in 2010, and 115 in 2011.
• B) 100 in 2009, 110 in 2010, and 117 in 2011.
• C) 110 in 2009, 121 in 2010, and 128.26 in 2011.
• D) 44 in 2009, 48.4 in 2010, and 51.48 in 2011.

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