If a good cost $25 in the base year and $30 this year, then the price index number for this year is:
A) 20.0.
B) 83.3.
C) 100.0.
D) 120.0.
Correct Answer:
Verified
Q233: Inflation is an increase in:
A) the general
Q234: Mike made $28,000 in 2001. He did
Q235: Pressures on prices from the buyers' side
Q236: Cost-push inflation can result from:
A) an over
Q237: The price index that measures changes in
Q239: The price index number for Year 5
Q240: Richard places $20,000 into a three-year CD
Q241: The dollar figure that measures the value
Q242: Full employment is achieved when there is
Q243: Joe painted cars in an auto manufacturing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents