Ask Question
26 May, 20:21

Suppose a market basket of goods and services costs $1,000 in the base year and the consumer price index (cpi) is currently 110. this indicates the price of the market basket of goods and services is now:

+4
Answers (1)
  1. 26 May, 21:36
    0
    I'm not sure what the 110 means if what it is usually at is at a CPI of 100 it would be at $1100 but I'm not sure
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Suppose a market basket of goods and services costs $1,000 in the base year and the consumer price index (cpi) is currently 110. this ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers