If the Price Index Is 200, How Much Did a $12

question 149

Multiple Choice

If the price index is 200, how much did a $12 pizza (today) cost in the base year?

• A) $1.20
• B) $3.00
• C) $6.00
• D) $24.00

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Definitions:

Alcohol

A chemical compound that is organic in nature, identified by the presence of at least one hydroxyl group (-OH) linked to a carbon atom.

Splitting Tree

A graphical representation used in mathematics and computer science to describe the structure of an algorithm or a process that divides a problem into smaller parts recursively.

Trans

A descriptor in chemistry used to denote molecules where two substituents are on opposite sides of a double bond or a cycloalkane ring.

Cis

Describes an isomer where two substituents are on the same side of a double bond or ring structure.