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If Pt Is the Price of Good X in Period

Question 1

Multiple Choice

If pt is the price of good X in period t,and p0 is the base period price,which of the following is the equation for a simple price index for good X?


A) If p<sub>t</sub> is the price of good X in period t,and p<sub>0</sub> is the base period price,which of the following is the equation for a simple price index for good X? A) . B) . C) . D) .
B) If p<sub>t</sub> is the price of good X in period t,and p<sub>0</sub> is the base period price,which of the following is the equation for a simple price index for good X? A) . B) . C) . D) .
C) If p<sub>t</sub> is the price of good X in period t,and p<sub>0</sub> is the base period price,which of the following is the equation for a simple price index for good X? A) . B) . C) . D) .
D) If p<sub>t</sub> is the price of good X in period t,and p<sub>0</sub> is the base period price,which of the following is the equation for a simple price index for good X? A) . B) . C) . D)

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