Following is data for a hypothetical economy.The base year is 2002 (Price index = 100). Refer to the above data.From 2005 to 2006, prices rose by approximately:
A)2 percent.
B)4.2 percent.
C)6 percent.
D)7 percent.

Question

Following is data for a hypothetical economy.The base year is 2002 (Price index = 100).  Refer to the above data.From 2005 to 2006, prices rose by approximately:
A)2 percent. 
B)4.2 percent. 
C)6 percent. 
D)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 2005 to 2006, prices rose by approximately:
A)2 percent. 
B)4.2 percent. 
C)6 percent. 
D)7 percent.

Following Is Data for a Hypothetical Economy