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Paul wants to interpret index numbers for the prices of bottles of hair dye. He uses 2000 as the base year and computes 90 and
Paul wants to interpret index numbers for the prices of bottles of hair dye. He uses 2000 as the base year and computes 90 and 104 as the index numbers for 2009 and 2013. From 2009 and 2013, he concludes that Multiple choice question. prices declined by 4%. prices rose by 14%. prices rose by 4% prices rose by 15.6%
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