Assume that the current price of a market basket of goods is $2500 and the base year
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Question:
Assume that the current price of a market basket of goods is $2500 and the base year price of the same market basket is $1340.00 The price index is.
A. 186.6
B. 53.6
C. 138.3
D. 40.0
Related Book For
Economics
ISBN: 978-0073375694
18th edition
Authors: Campbell R. McConnell, Stanley L. Brue, Sean M. Flynn
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