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Choose the Best Answer.A Price Index

Question 72

Multiple Choice

Choose the best answer.A price index:


A) always includes a base year.
B) measures the cost of purchasing a market basket of output across different years.
C) is normalized to 100 for the base year.
D) always includes a base year,measures the cost of purchasing a market basket of output across different years,and is normalized to 100 for the base year.

Correct Answer:

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