Table 13-2 $\quad$ $\quad$ $\quad$

Table 13-2
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$$\text { Base Year (2013) } 2018$
$\begin{array}{|c|c|c|r|}\hline \text { Product } & \text { Quantity } & \text { Price } & \text { Price } \\\hline \text { Milk } & 50 & \$ 1.20 & \$ 1.50 \\\hline \text { Bread } & 100 & 1.00 & 1.10 \\\hline\end{array}$
-Refer to Table 13-2.Assume the market basket for the consumer price index has two products-bread and milk-with the following values in 2013 and 2018 for price and quantity: The Consumer Price Index for 2018 equals

A) 118.
B) 116.
C) 86.
D) 85.

Correct Answer:

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