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nguyenduong67 nguyenduong67
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Suppose that in 2011 the chain-weighted price index for GDP in Estonia is 220 and the chain-weighted price index in Lithuania is 160. In 2012 the price index in Estonia is 242 and the price index in Lithuania is 180. You could conclude that
A) Lithuania is a more expensive place to live than Estonia.
B) Estonia's rate of inflation is higher than Lithuania's.
C) Estonia is a more expensive place to live than Lithuania.
D) Lithuania's rate of inflation is higher than Estonia's.
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Quinn1981Quinn1981
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6 years ago
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