5. Suppose a basket of goods and services has been selected to calculate the CPI and 2012 has been selected
as the base year. In 2012, the basket’s cost was $50； in 2014, the basket’s cost was $52； and in 2016, the
basket’s cost was $55. The value of the CPI in 2016 was
(A) 90.9.
(B)104.0.
(C)105.0.
(D)110.0.
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