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Following Is Data for a Hypothetical Economy

Question 189

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 2005 to 2006, prices rose by approximately: A) 2 percent. B) 4.2 percent. C) 6 percent. D) 7 percent. Refer to the above data.From 2005 to 2006, prices rose by approximately:


A) 2 percent.
B) 4.2 percent.
C) 6 percent.
D) 7 percent.

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