2014 2014 2015 2015 Item Quantity Price Quantity Price Books 11 $5 14 $5 Pens 13 $1 12. $2 Haircuts 6 $2 16 $4 Te 2014 and 2015, Dexter consumed only books, pens and haircuts. The prices and quantities for 2014 and 2015 are listed in the table. The base year for Dexter is 2015. What is the CPI in 2015? O 1) 141 O 2) 175 3) 137 4) 100
2014 2014 2015 2015 Item Quantity Price Quantity Price Books 11 $5 14 $5 Pens 13 $1 12. $2 Haircuts 6 $2 16 $4 Te 2014 and 2015, Dexter consumed only books, pens and haircuts. The prices and quantities for 2014 and 2015 are listed in the table. The base year for Dexter is 2015. What is the CPI in 2015? O 1) 141 O 2) 175 3) 137 4) 100
Essentials of Economics (MindTap Course List)
8th Edition
ISBN:9781337091992
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter16: Measuring The Cost Of Living
Section: Chapter Questions
Problem 3CQQ
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