Multiple Choice
Data for selected vegetables purchased at wholesale prices for 1995 and 2007 are shown next. 
What is your interpretation of the Laspeyres price index?
A) Prices rose 98.4%.
B) Prices declined 1.6%.
C) Prices rose 7.0%.
D) Prices rose 8.0%.
Correct Answer:
Verified
Correct Answer:
Verified
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