Indexing is the process of
A) dividing a real quantity by a price index.
B) dividing a nominal quantity by a price index.
C) increasing a nominal quantity by an amount equal to the percentage change in a price index.
D) increasing a real quantity by an amount equal to the percentage change in a price index.
E) measuring the average price of a given class of goods or services relative to the price of the same goods and services in a base year.
Correct Answer:
Verified
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