The consumer price index (CPI)is 311.1 for 2002 when using 1975 as the base year (1975 = 100).Now suppose we switch and use 2002 as the base year (2002 = 100).What is the CPI for 1975 with the new base year?
A)20.2
B)32.1
C)48.4
D)56.2

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The Answer of The consumer price index (CPI)is 311.1 for 2002 when using 1975 as the base year (1975 = 100).Now suppose we switch and use 2002 as the base year (2002 = 100).What is the CPI for 1975 with the new base year?
A)20.2
B)32.1
C)48.4
D)56.2

The Consumer Price Index (CPI)is 311