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Following Is Data for a Hypothetical Economy

Question 185

Multiple Choice

Following is data for a hypothetical economy.The base year is 2002 (Price index = 100) . Following is data for a hypothetical economy.The base year is 2002 (Price index = 100) . Refer to the above data.From 2003 to 2006, prices rose by: A) 3 percent. B) 7 percent. C) 9 percent. D) 10.7 percent. Refer to the above data.From 2003 to 2006, prices rose by:


A) 3 percent.
B) 7 percent.
C) 9 percent.
D) 10.7 percent.

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