Multiple Choice
Suppose the price index for 2008 was 100 and the price index for 2009 was 109.How much did prices change between 2008 and 2009?
A) Prices increased by 1 percent.
B) Prices increased by 8 percent.
C) Prices increased by 9 percent.
D) Prices increased by 12 percent.
Correct Answer:
Verified
Correct Answer:
Verified
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