Suppose That 1999 Is the Base Year and the Price

question 203

Multiple Choice

Suppose that 1999 is the base year and the price index for 2008 is 130. A basket of goods that is valued $200 in 1999 would cost _______ in 2008.

• A) $60
• B) $30
• C) $230
• D) $260

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Definitions:

Sebaceous Gland

Glands in the skin that secrete sebum into the hair follicles to lubricate the skin and hair, playing a role in skin health and condition.

Sweat Gland

Glands located in the skin that produce sweat, a fluid that helps regulate body temperature through evaporation.

Sebaceous Gland

Glands located in the skin that secrete sebum, a lubricating oil, into hair follicles.

Eccrine Gland

Sweat glands that are found all over the body and help in thermoregulation by secreting sweat directly onto the surface of the skin.