ECON 102 Mid TermFlashcards |Quizlet
Suppose that in the base period a college student buys 20 gallons of gasoline at 2 per gallon, 2 CDs for 13 each, and 4 movie tickets for 7 each. In the next month, thepriceof gasoline is per gallon, CDs cost each, and thepriceof a movie ticket is Reference: Ref 714 (Scenario:PriceIndex) Look at the scenarioPrice...