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    Exam 19: Returns, Index Numbers, and Inflation
  5. Question
    An Index Number Is an Easy-To-Interpret Numerical Value That Reflects
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An Index Number Is an Easy-To-Interpret Numerical Value That Reflects

Question 62

Question 62

Short Answer

An index number is an easy-to-interpret numerical value that reflects a ________ change in price or quantity from a base price.

Correct Answer:

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