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Question 57

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Use the following to answer questions .
Exhibit: Market Basket for a Typical College Student
Use the following to answer questions . Exhibit: Market Basket for a Typical College Student -(Exhibit: Market Basket for a Typical College Student) Suppose the base year is 2007. What is the value of the price index in 2007? A) 0.88 B) 1.00 C) 1.14 D) 3.42
-(Exhibit: Market Basket for a Typical College Student) Suppose the base year is 2007. What is the value of the price index in 2007?


A) 0.88
B) 1.00
C) 1.14
D) 3.42

Correct Answer:

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