If the Parity Ratio Goes from 0

question 129

Multiple Choice

If the parity ratio goes from 0.8 to 0.7, it means that the prices received by farmers had

• A) fallen by 12.5 percent relative to the prices they paid.
• B) fallen by 10 percent relative to the prices they paid.
• C) risen by 12.5 percent relative to the prices they paid.
• D) risen by 10 percent relative to the prices they paid.

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