The Data in the Table Above Shows the Consumption by Families

question 161

Multiple Choice

The data in the table above shows the consumption by families in an economy.The year 2013 is the reference base period.
-Based on the table above,the cost of the base period market basket in the base period is

• A)$3,300.
• B)$21.00.
• C)$3,250.
• D)$4,650.
• E)$4,885.

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Definitions:

Common Stock

An equity security that denotes ownership within a corporation and grants the owner voting rights on company issues as well as eligibility to receive dividends.

Par Value

The face value of a bond or stock as stated by the issuing company, which does not necessarily match the market value.

Treasury Stock

Shares of a company's own stock that it has reacquired but has not retired, which can be resold or used for other corporate purposes.

Paid-in Capital

The amount of money that shareholders have invested in the company through the purchase of its stock, over and above the par value of the shares.