Multiple Choice
Refer to the information provided in Table 7.5 below to answer the questions that follow.
Table 7.5
-Refer to Table 7.5. Suppose 2014 is the base year. The price index in 2014 is
A) 1,000.
B) 100.
C) 10.
D) 1.
Correct Answer:

Verified
Correct Answer:
Verified
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