Wendy-Wang
新手上路
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- 2003-10-10
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Problems (page 497)
9. A typical family on Sandy Island consumes only juice and cloth. Last year, which was the base year, the family spent $40 on juice and $25 on cloth and. In the base year, juice was $4 a bottle and cloth was $5 a length. In the current year, juice is $4 and cloth is $6 a length. Calculate
a. The basket used in the CPI.
The thing I don’t understand in this problem is : what is the basket used in the CPI ???
Hope to hear from you soon.
Thanks.
email me will be great!!!
wangmimi999@hotmail.com
9. A typical family on Sandy Island consumes only juice and cloth. Last year, which was the base year, the family spent $40 on juice and $25 on cloth and. In the base year, juice was $4 a bottle and cloth was $5 a length. In the current year, juice is $4 and cloth is $6 a length. Calculate
a. The basket used in the CPI.
The thing I don’t understand in this problem is : what is the basket used in the CPI ???
Hope to hear from you soon.
Thanks.
email me will be great!!!
wangmimi999@hotmail.com
