Suppose that 1999 is the base year and the price index for 2008 is 130. A basket of goods that is valued $450 in 2008 would cost _______ in 1999.
A) $4203
B) $346
C) $320
D) $585

Question

Quizplus · Accepted Answer

The Answer of Suppose that 1999 is the base year and the price index for 2008 is 130. A basket of goods that is valued $450 in 2008 would cost _______ in 1999.
A) $4203
B) $346
C) $320
D) $585

Suppose That 1999 Is the Base Year and the Price