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Retnec Retnec
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6 years ago
If the Consumer Price Index is 250, that means that
A) the average price of a product is $2.50.
B) prices are two times as high as they were in the base year.
C) prices have risen 150 percent since the base year.
D) Both B and C are correct.
Textbook 
Introduction to Economic Reasoning

Introduction to Economic Reasoning


Edition: 8th
Author:
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foliogefolioge
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6 years ago
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Retnec Author
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6 years ago
Thanks for your help!!
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Thanks
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2 hours ago
Thank you, thank you, thank you!
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