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-In the Table Shown Above, Assuming That the Market Basket

Question 158

Multiple Choice

  -In the table shown above, assuming that the market basket cost of light bulbs and volleyballs in the base year was $4500, what would the price index for this two-good market equal in the year 2017? A)  104.86 B)  100.00 C)  112.52 D)  122.22
-In the table shown above, assuming that the market basket cost of light bulbs and volleyballs in the base year was $4500, what would the price index for this two-good market equal in the year 2017?


A) 104.86
B) 100.00
C) 112.52
D) 122.22

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