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Assume That Goods X,Y,and Z Constitute a "Market Basket" Used

Question 69

Multiple Choice

Assume that goods X,Y,and Z constitute a "market basket" used to compute a price index and that 2014 is the base year.
Assume that goods X,Y,and Z constitute a  market basket  used to compute a price index and that 2014 is the base year.    -Refer to the information above to answer this question.What is the price index in 2016? A) 22 B) 120 C) 115 D) 100
-Refer to the information above to answer this question.What is the price index in 2016?


A) 22
B) 120
C) 115
D) 100

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