Advisors at your service 24/7

Facebook
Twitter
WhizzAcademics.com

Calculate Price

Get a 10 % discount on an order above $ 100
Use the following coupon code :
Whizz15

Consumer Price Index

  1. (Consumer Price Index) Calculate a new consumer price index for the data in the following exhibit.Assume that current-year prices of Twinkies,fuel oil,and cable TV are $0.95/package, $1.25/gallon,and $15.00/month,respectively.Calculate the current  year’s coast of the market basket and the value of the current year’s price index. What is this year’s percentage change in the price level compared to the base year?

Current cost of the market basket=

  1. Twinkies-
  2. Fuel Oil-
  3. Cable TV-
  4. Percentage change-
Get a 10 % discount on an order above $ 100
Use the following coupon code :
Whizz15

Tags: , , , ,

Category: Sample Questions