ASSUME THE FOLLOWING CONSUMPTION BASKET AND PRICES OVER 2011 AND 2...

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Assume the following consumption basket and prices over 2011 and 2012 (in U.S. dollars): 2011 2012 Item Price Quantity Price Quantity Meat $12/kg 30 kg $12.2/kg 35 kg Rice $1/kg 55 kg $1.1/kg 50 kg Milk $1.5/liter 65 liters $1.6/liter 65 liters Fuel $1/liter 95 liters $1.2/liter 85 liters The Fisher Index is closest to: A. 105.4. B. 105.8. C. 106.1.

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