Multiple Choice
Exhibit 18-2 Assume that 2010 is the base year with a price index of 100 and that one of each good is included in the market basket.
Refer to Exhibit 18-2.What would the price index equal in 2012?
A) 79.1
B) 88.3
C) 113.2
D) 126.5
Correct Answer:
Verified
Correct Answer:
Verified
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