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Table 13-4 -Refer to Table 13-4

Question 151

Multiple Choice

Table 13-4
 Base Year (2006)  2013 Product  Quantity  Price  Quantity  Price  Meat 100$10120$12 Potatoes 20021803\begin{array}{c} \quad \quad \quad\text { Base Year (2006) } \quad \quad 2013\\\begin{array} { | l | c | c | c |c| } \hline \text { Product } & \text { Quantity } & \text { Price } & \text { Quantity } & \text { Price } \\\hline \text { Meat } & 100 & \$ 10 & 120 & \$ 12 \\\hline \text { Potatoes } & 200 & 2 & 180 & 3\\\hline\end{array}\end{array}
-Refer to Table 13-4.Assume the market basket for the consumer price index has two products - meat and potatoes - with the following values in 2006 and 2013 for price and quantity: The Consumer Price Index for 2013 equals


A) 125.
B) 129.
C) 135.
D) 141.

Correct Answer:

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