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    The Price of a Certain Farm Product Was $1
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The Price of a Certain Farm Product Was $1

Question 256

Question 256

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.

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