Suppose in the year 2010, consumers bought 100 baskets of food at the price of $50 each, and 100 baskets of clothing at the price of $75 each. In the year 2011, consumers bought 110 baskets of food at the price of $60 each, and 120 baskets of clothing at the price of $85 each.Let 2010 be the base year. What is the CPI for 2011? Question 12Answer a. 110 b. 134.4 c. 146.2 d. 116

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