Problem
In 2010, the cost of a market basket of goods was $2,000. In 2012, the cost of the same market basket of goods was $2,100. Use the price index formula to calculate the price index for 2012 if 2010 is the base year.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.