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    Exam 7: The Macroeconomy: Unemployment, Inflation, and Deflation
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    In the Base Year the Price Index
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In the Base Year the Price Index

Question 22

Question 22

Multiple Choice

In the base year the price index


A) will be between 1 and 100.
B) will always equal 100.
C) equals 100 times the cost of the market basket in the base year.
D) will equal the year.

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