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-The Information in the Table Above Gives the 2008 Reference

Question 250

Multiple Choice

20082009 Item  Quantity  Frice  Price  Movie tickets 4$5.00$7.50 Bags of  popcorn 2$3.00$3.00 Drinks of soda 4$1.00$1.50\begin{array} { | c | l | l | l | } \hline && { 2008 } & 2009 \\\hline \text { Item } & \text { Quantity } & \text { Frice } & \text { Price } \\\hline \text { Movie tickets } & 4 & \$ 5.00 & \$ 7.50 \\\hline \begin{array} { c } \text { Bags of } \\\text { popcorn }\end{array} & 2 & \$ 3.00 & \$ 3.00 \\\hline \text { Drinks of soda } & 4 & \$ 1.00 & \$ 1.50 \\\hline\end{array}
-The information in the table above gives the 2008 reference base period CPI basket and prices used to construct the CPI for a small nation. It also has the 2009 prices. What is the value of the CPI for the reference base period, 2008?


A) 100
B) 75
C) 133
D) 140

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