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Question
| Market Basket | Quantity | 2009 Price | 2010 Price |
| CDs | 10 | $32 | $24 |
| Gasoline | 200 gal | $2.00 | $2.50 |
If 2009 is the base year, what is the price index for a market basket of goods for 2010 in the above table?
A) 97.3
B) 102.8
C) 128.0
D) Zero, since the price of CDs fell and the price of gasoline increased
Answer
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