Each Month the CPI Is Calculated by

question 124

Multiple Choice

Each month the CPI is calculated by

• A)recording the new prices and making no other calculation.
• B)multiplying the current cost of the CPI market basket by the base period cost and then dividing by 100.
• C)subtracting the base period cost of the CPI market basket from the current cost and then dividing by 100.
• D)dividing the current cost of the CPI market basket by the base period cost and then multiplying by 100.
• E)subtracting the current period cost of the CPI market basket from the base period cost and then multiplying by 100.