From 2009 to 2013, the price level in the United States increased by 8.3 percent. With 2009 as the base year, this implies that the price index in 2013 was _____
A) 108.3.
B) 183.
C) 100.
D) 98.3.
E) 92.7.
Correct Answer:
Verified
Q141: If the price of a good increases
Q142: A fixed-weight price index uses a process
Q144: A fixed-weight price index provides less accurate
Q145: If the nominal gross domestic product (GDP)is
Q146: If the real gross domestic product (GDP)is
Q147: A chain-weighted index recognizes the fact that
Q148: If the GDP price index rises from
Q206: According to the CPI, what is the
Q210: How often does the federal government report
Q211: If the nominal gross domestic product (GDP)
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents