If the price index is 200, how much did a $12 pizza (today) cost in the base year?
A) $1.20
B) $3.00
C) $6.00
D) $24.00
Correct Answer:
Verified
Q12: When the increase in prices goes from
Q13: The official unemployment rate as commonly reported
Q14: Which of the following reasons does not
Q15: Which of the following groups benefits from
Q16: Frictional unemployment is:
A) short-term unemployment associated with
Q18: If frictional unemployment is 2%, structural unemployment
Q19: If Chuck gets laid off from a
Q20: Suppose the town of Treeville has a
Q21: _ is a measure of the change
Q22: What is real GDP in 2014 dollars
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