Table 24-4
The table below pertains to Studious, an economy in which the typical consumer's basket consists of 5 books and 10 calculators.
-Refer to Table 24-4. If 2012 is the base year, then the consumer price index was
A)100 in 2012, 123.8 in 2013, and 133.3 in 2014.
B)100 in 2012, 124.2 in 2013, and 133.3 in 2014.
C)210 in 2012, 260 in 2013, and 280 in 2014.
D)100 in 2012, 150 in 2013, and 170 in 2014.

Question

Table 24-4
The table below pertains to Studious, an economy in which the typical consumer's basket consists of 5 books and 10 calculators. 
-Refer to Table 24-4. If 2012 is the base year, then the consumer price index was
A)100 in 2012, 123.8 in 2013, and 133.3 in 2014. 
B)100 in 2012, 124.2 in 2013, and 133.3 in 2014. 
C)210 in 2012, 260 in 2013, and 280 in 2014. 
D)100 in 2012, 150 in 2013, and 170 in 2014.

Quizplus · Accepted Answer

The consumer price index was 100 in 2012, 123.8 in 2013, and 133.3 in 2014.

Table 24-4 The Table Below Pertains to Studious, an Economy in Which