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-The Data in the Table Above Shows the Consumption by }

Question 253

Multiple Choice

 Item  Quantity (2009)  Price (2009)  Price (2010)  Salt 2$1.00$2.00 Bread 20$2.50$3.00\begin{array} { c c c c } \text { Item } & \begin{array} { c } \text { Quantity } \\( 2009 ) \end{array} & \begin{array} { c } \text { Price } \\( 2009 ) \end{array} & \begin{array} { c } \text { Price } \\( 2010 ) \end{array} \\\hline \text { Salt } & 2 & \$ 1.00 & \$ 2.00 \\\text { Bread } & 20 & \$ 2.50 & \$ 3.00 \\\hline\end{array}
-The data in the table above shows the consumption by families in a small (poor) economy.The families consume only salt and bread.The reference base period is 2009.The cost of the CPI market basket in 2009 is


A) $64.00
B) $3.50
C) $52.00.
D) $5.00
E) 100.

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