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Answer the Question Based on the Following Price and Output

Question 86

Multiple Choice

Answer the question based on the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year. Answer the question based on the following price and output data over a five-year period for an economy that produces only one good. Assume that year 2 is the base year. Refer to the above data. If year 2 is the base year, the price index for year 3 is: A) 120 B) 125 C) 133 D) 150 Refer to the above data. If year 2 is the base year, the price index for year 3 is:


A) 120
B) 125
C) 133
D) 150

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