To find the cost of the CPI market basket in the base period ...

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To find the cost of the CPI market basket in the base period prices we have to multiply the
 
  A) quantities in the CPI market basket by the base period prices and then multiply by 100.
  B) quantities in the CPI market basket by the base period prices.
  C) current period quantities in the CPI market basket by the current period prices.
  D) quantities in the CPI market basket by the current period prices.
  E) current period quantities in the CPI market basket by the base period prices.

Question 2

Using the table above, the Current Population Survey classifies the group of individuals who are left after subtracting from the total population groups 1, 2, 3, 4, 5, and 6 as
 
  A) not in the labor force.
  B) discouraged workers.
  C) unemployed.
  D) employed.
  E) the labor force.

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Answer to Question 1

B

Answer to Question 2

A

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Correct answers!

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