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Last Year a CD Had a Price of $12 and This

Question 58

Multiple Choice

Last year a CD had a price of $12 and this year it is $15.Which of the following does not express this price change accurately?


A) Price rose by 25 percent
B) Price rose by $3
C) If this year is the base year,the index number for last year would be 80
D) If last year is the base year,the index number for this year would be 80

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