Following Is Data for a Hypothetical Economy

question 189

Multiple Choice

Following is data for a hypothetical economy.The base year is 2002 (Price index = 100) . Refer to the above data.From 2005 to 2006, prices rose by approximately:

• A)2 percent.
• B)4.2 percent.
• C)6 percent.
• D)7 percent.

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