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    Economics Today Study Set 1
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    Exam 7: The Macroeconomy: Unemployment, Inflation, and Deflation
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    -Considering the Data from the Table Shown Above, Assuming That
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-Considering the Data from the Table Shown Above, Assuming That

Question 406

Question 406

Multiple Choice

  -Considering the data from the table shown above, assuming that the market basket cost of light bulbs and volleyballs in the base year was $4500, what would be the price index for the year 2018? A)  177.78 B)  156.30 C)  100.00 D)  92.70
-Considering the data from the table shown above, assuming that the market basket cost of light bulbs and volleyballs in the base year was $4500, what would be the price index for the year 2018?


A) 177.78
B) 156.30
C) 100.00
D) 92.70

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