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

$$\begin{array} { c c c c } \text { Item } & \begin{array} { c } \text { Quantity } \\( 2009 ) \end{array} & \begin{array} { c } \text { Price } \\( 2009 ) \end{array} & \begin{array} { c } \text { Price } \\( 2010 ) \end{array} \\\hline \text { Salt } & 2 & \$ 1.00 & \$ 2.00 \\\text { Bread } & 20 & \$ 2.50 & \$ 3.00 \\\hline\end{array}$$
-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 2010 is

A) $5.00.
B) $64.00.
C) $8.50.
D) $52.00.
E) unable to be calculated because information is needed about the quantities purchased in 2008.

Correct Answer:

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