menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Economics Theory and Practice
  4. Exam
    Exam 4: Goals and Problems of the Macroeconomy: Employment, Prices and Production
  5. Question
    If a Product Cost $600 in the Base Year and the Price
Solved

If a Product Cost $600 in the Base Year and the Price

Question 78

Question 78

Multiple Choice

If a product cost $600 in the base year and the price index number for this year is 125.0, the price of the product this year is:


A) $475.
B) $480.
C) $725.
D) $750.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q73: Which of the following statements about the

Q74: Full employment means everyone in the labor

Q75: Who are the potential winners and losers

Q76: The labor force includes only people 16

Q77: A person who quits a job in

Q79: There is a tendency for demand-pull inflationary

Q80: The base year in a price index

Q81: Which of the following statements is true?<br>A)

Q82: Ben just quit his job to find

Q83: Money GDP measures the value of production

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines