In 2005 the Consumer Price Index for Ottawa was 130.2 and for Victoria it was 125.5. This means:
A) that prices have increased by a greater percentage in Ottawa than Victoria over the last year.
B) that prices have increased by a greater percentage in Ottawa than Victoria since 1992.
C) that prices were higher in Victoria than Ottawa.
D) None of the above is necessarily correct.
Correct Answer:
Verified
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