The current cost of a market basket of goods is $6,000. The cost of the same basket

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The current cost of a market basket of goods is $6,000. The cost of the same basket of goods in the base year was

$4,000. The current price index is

a. 600.

b. 160.

c. 150.

d. 133.

e. 66.7.

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Exploring Macroeconomics

ISBN: 9781111970314

5th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 29, 2024 07:01 AM

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The current cost of a market basket of goods is $6,000. The cost of the same basket

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Exploring Macroeconomics

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