Multiple Choice
-If year 2 is the base year, the price index number for year 1 is:
A) 75.0.
B) 100.0.
C) 150.0.
D) -100.0.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q6: Which of the following statements is FALSE?<br>A)
Q7: The participation rate for full-time college students
Q8: Which is NOT a direct consequence of
Q9: Structural unemployment could be caused by:<br>A) changes
Q10: Discouraged workers:<br>A) are not counted as part
Q12: According to Application 4.2, "The $4 Summer
Q13: Inflation can result from current events, but
Q14: We study macroeconomics to understand:<br>A) the types
Q15: A real rate of interest of -3
Q16: The rate of unemployment that represents full