Solved

If 2008 Is the Base Year and the Price Index

Question 95

Multiple Choice

If 2008 is the base year and the price index in 2009 is 109,prices in 2009 are _____ than prices in 2008.

A) 1 percent higher
B) 8 percent higher
C) 9 percent higher
D) 0.9 percent higher
E) 12 percent higher

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