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Answer the Question on the Basis of the Following Table

Question 70

Multiple Choice

Answer the question on the basis of the following table:  Year  Price Level Value of Dollar 11.00$1.0021.2530.8040.50\begin{array}{ccc}\underline{\text { Year }} &\underline{ \text { Price Level} } &\underline{ \text { Value of Dollar }} \\1& 1.00 & \$ 1.00 \\2 & 1.25 & \\3 & 0.80 & \\4& 0.50 &\end{array}
Refer to the table.The value of the dollar in year 4 is:


A) $1.50.
B) $0.33.
C) $0.50.
D) $2.00.

Correct Answer:

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