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If the Cost of the CPI Market Basket at Current

Question 118

Multiple Choice

If the cost of the CPI market basket at current period prices is $1000 and the cost of the CPI market basket at base period prices is $250,the CPI is


A) 4.0.
B) 400.
C) 250.
D) 100.
E) 2.50.

Correct Answer:

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