Table 24-2 The Table Below Pertains to Pieway, an Economy in Which

question 181

Multiple Choice

Table 24-2
The table below pertains to Pieway, an economy in which the typical consumer's basket consists of 15 bushels of peaches and 10 bushels of pecans.
-Refer to Table 24-2. If 2013 is the base year, then the CPI for 2012 was

• A)95.7.
• B)100.0.
• C)90.0.
• D)213.6.

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Definitions:

Round

To approximate a number to a specified degree of significance, often to the nearest whole number.

Whole Number

A number without fractions or decimals; an integer.

Equivalent Fractions

Fractions that represent the same value or proportion, even though they have different numerators and denominators.

Chewable Tylenol

A form of Tylenol (acetaminophen) that can be chewed before swallowing, designed for those who have difficulty swallowing pills.