Question

Suppose the consumer price index (CPI) for 2002 is 130. This means the

average price of goods and services is:

Answer 1

$130

Step-by-step explanation:

According to the Question above, suppose the consumer price index for 2002 is 130

Then the average price of goods and services is $130

Consumer price index(cpi) can be described as the average prices of of goods and services that consumers buy In the marker over a particular period of time. The cpi in this case study here is $130