A simple aggregate price index is the ratio of the sum of the prices of the n commodities in the current period to the sum in some base period, multiplied by 100.
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Q1: In 2002 your annual salary was $50
Q2: Which of the following is the correct
Q3: Which of the following statements is correct?
A)The
Q4: Real GDP is real Nominal GDP divided
Q5: Which of the following best describes the
Q7: Real income is nominal income multiplied by
Q8: If the Laspeyres price index for a
Q9: Which of the following statements is correct?
A)The
Q10: What is the value of Real GDP
Q11: The Fisher price index is the geometric
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