Multiple Choice
The price of a certain farm product was $1.25 in the base period when the parity ratio was 100. If the index of prices paid by farmers is now at 140, then the parity price of this farm product today should be
A) 0.9.
B) 1.75.
C) 1.5.
D) 2.
Correct Answer:

Verified
Correct Answer:
Verified
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