Solved

In Monaco, a Market Basket of Goods and Services Cost

Question 125

Multiple Choice

In Monaco, a market basket of goods and services cost $130 in 2017, $140 in 2018, and $160 in 2019. Based on this information, and assuming 2017 is the base year, the price index in 2019 was:


A) 100.
B) 100
C) 107.69
D) 107.69.
E) 123.07
F) 123.07.
G) 130.
H) 130

Correct Answer:

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