A consumer price index of 160 in 1996 with a base year of 1982-1984 would mean that the cost of the market basket
A. rose 60% from the cost of the market basket in the base year.
B. equaled $160 in 1983.
C. equaled $160 in 1996.
D. rose 160% from the cost of the market basket in the base year.
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Home » Business » A consumer price index of 160 in 1996 with a base year of 1982-1984 would mean that the cost of the market basket A. rose 60% from the cost of the market basket in the base year. B. equaled $160 in 1983. C. equaled $160 in 1996. D.