Table 24-4 The Table Below Pertains to Studious, an Economy in Which

question 437

Multiple Choice

Table 24-4
The table below pertains to Studious, an economy in which the typical consumer's basket consists of 5 books and 10 calculators.
-Refer to Table 24-4. If 2014 is the base year, then the consumer price index was

• A)75 in 2012, 92.8 in 2013, and 100 in 2014.
• B)75 in 2012, 93.2 in 2013, and 100 in 2014.
• C)247.5 in 2012, 307.5 in 2013, and 330 in 2014.
• D)210 in 2012, 260 in 2013, and 280 in 2014.

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