The following table lists the basket of goods in the Astro Price Index (Assume 2008 is the base year.)
Table 12.2
-Using the information in Table 12.2, the percent increase in prices over the two year period from 2008 to 2010 is approximately
A) 26 percent.
B) 31 percent.
C) 38 percent.
D) 98 percent.
Correct Answer:
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