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    Basic Statistics Study Set 1
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    Exam 15: Index Numbers
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    If the Consumer Price Index Is 172
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If the Consumer Price Index Is 172

Question 60

Question 60

Multiple Choice

If the Consumer Price Index is 172.2 (1982-84 = 100) , what is the purchasing power of the dollar?


A) $1.00
B) $0.33
C) $0.58
D) $0.50
E) $0.72

Correct Answer:

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