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A price index Group of answer choices Is a mechanism to compare all prices in two different years Is the ratio of the price of

A price index Group of answer choices Is a mechanism to compare all prices in two different years Is the ratio of the price of a market basket in one year to the price of the market basket in the previous year times 100 Is the ratio of the price of a market basket in one year to the price of the market basket in a base year times 100 Both the first option and the third option are correct

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