If period 1 is the base year, the bundle price of goods in period 1 is $200, and the bundle price of goods in period 2 is $240, the period 2 price index is
A) 80.0.
B) 83.3.
C) 116.7.
D) 120.0.
Correct Answer:
Verified
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A) the same as hyperinflation.
B)
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A) A
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