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RichaDuggi13 RichaDuggi13
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A year ago
The following table contains prices and quantities for the three goods produced in the country of Linfieldia.

YearPrice of a NotebookQuantity of NotebooksPrice of a ThesisQuantity of
Theses
Price of a DoughnutQuantity of Doughnuts
2014$2.0080$8306$0.50400
2015$2.5075$7808$1.00400
2016$3.0090$1,5003$1.00350

Refer to the table above. Assuming that the base year basket of goods is 40 notebooks, 1 thesis, and 200 doughnuts, what is the Consumer Price Index for 2016?

▸ 204

▸ 163

▸ 169

▸ 146
Textbook 
Macroeconomics

Macroeconomics


Edition: 3rd
Authors:
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denitra31denitra31
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A year ago
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RichaDuggi13 Author
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A year ago
Smart ... Thanks!
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Brilliant
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2 hours ago
this is exactly what I needed
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