Question: Case 3: Given the information below: Base Year (2013) 2018 Product Quantity Price Price Milk 50 $1.20 $1.50 Bread 100 1.00 1.10 From Case 3,

Case 3: Given the information below: Base Year (2013) 2018 Product Quantity Price Price Milk 50 $1.20 $1.50 Bread 100 1.00 1.10 From Case 3, assume the market basket for the consumer price index has two productsbread and milkwith 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

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