Following is data for a hypothetical economy.The base year is 2002 (Price index = 100). Refer to the above data.From 2003 to 2006, prices rose by:
A)3 percent.
B)7 percent.
C)9 percent.
D)10.7 percent.

Question

Following is data for a hypothetical economy.The base year is 2002 (Price index = 100).  Refer to the above data.From 2003 to 2006, prices rose by:
A)3 percent. 
B)7 percent. 
C)9 percent. 
D)10.7 percent.

Quizplus · Accepted Answer

The Answer of Following is data for a hypothetical economy.The base year is 2002 (Price index = 100).  Refer to the above data.From 2003 to 2006, prices rose by:
A)3 percent. 
B)7 percent. 
C)9 percent. 
D)10.7 percent.

Following Is Data for a Hypothetical Economy