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The Table Below Indicates the Price and Output Data Over

question 89

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The table below indicates the price and output data over a five-year period for an economy that produces only one good. The table below indicates the price and output data over a five-year period for an economy that produces only one good.   Refer to the above data.If year 3 is chosen as the base year, the price index for year 1: A) is 140. B) is 40. C) is 167. D) is 50. Refer to the above data.If year 3 is chosen as the base year, the price index for year 1:


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