If the cost of a market basket is $150 in year 1 and $200 in year 2, the price index for year 1 using year 2 as the base is:
A) 75.
B) 100.
C) 133.
D) 150.
Correct Answer:
Verified
Q217: Real GDP per capita is:
A)a perfect measure
Q218: Use the following to answer questions :
Table:
Q219: Use the following to answer questions :
Table:
Q220: Use the following to answer questions :
Table:
Q221: Suppose that the market basket for the
Q223: The inflation or deflation rate is:
A)the change
Q224: Use the following to answer questions:
Scenario: Price
Q225: Use the following to answer questions :
Table:
Q226: Use the following to answer questions:
Scenario: Price
Q227: The aggregate price level is the:
A)average price
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