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If the Price of Commodity' X' Is 4 in the Year

Question 16

Multiple Choice

If the price of commodity' X' is 4 in the year 2003 and 5 in the year 2004. Then, the price index for the year 2004, used 2003 as base year is:

A) 100
B) 125
C) 130
D) 135

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