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If the Parity Ratio Goes from 1 to 0

Question 240

Multiple Choice

If the parity ratio goes from 1 to 0.8, it means that the prices received by farmers had


A) fallen by 20 percent relative to the prices they paid.
B) fallen by 25 percent relative to the prices they paid.
C) risen by 20 percent relative to the prices they paid.
D) risen by 25 percent relative to the prices they paid.

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