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-If the Average Price Level Was 0

Question 79

Multiple Choice
-If the average price level was 0.44 in 1980, then the purchasing power of one dollar in that year relative to the 1995 base year was

-If the average price level was 0.44 in 1980, then the purchasing power of one dollar in that year relative to the 1995 base year was A) $4.40. B) $2.27. C) $.56. D) $.44. E) None of these numbers is correct.
-If the average price level was 0.44 in 1980, then the purchasing power of one dollar in that year relative to the 1995 base year was


A) $4.40.
B) $2.27.
C) $.56.
D) $.44.
E) None of these numbers is correct.

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