Question: no need to explain , only choose the correct answer plz. Exercice 2: Choose the right answer : INFLATION AND CPI Table 7.6 Units Purchased


Exercice 2: Choose the right answer : INFLATION AND CPI Table 7.6 Units Purchased Good A 5 Good B 10 Good 4 2014 $100 $2.00 $4.00 Price per Unit in 2015 2016 $1.50 $1.50 $2.50 $3.00 $4.50 $5.00 8) Refer to Table 7.6. The bundle price for the goods in period 2015 is A) $100. B) $57.50. C) $50.50. D) $41.00. 9) Refer to Table 7.6. If 2015 is the base period, the price index in 2014 is A) 812 B) 86.8. C) 118,8. D) 123.2 10) Refer to Table 7.6. 16 2015 is the base year, the price index in 2015 is A) 1000. B) 100 C) 10 D) 1. 11) Refer to Table 7.6. If 2015 is the base year, the price index in 2016 is A) 86.1. B) 87.8. C) 112.2. D) 113.9. 12) Reter to Table 7.6. 18 2015 is the base year, the inflation rate between 2014 and 2015 is A) 23.2% B) 20.4%. C) 18.8% D) 14.1%
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