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The Price of Indian Steel Has Been Reported Using an Index

question 6

Multiple Choice

The price of Indian steel has been reported using an index price with a base set in 1995. In 2008 the index was 235 and in 2012 it was 289. Recalculate the index price for 2012, using 2008 as a new base (0 decimal place) .

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Irish

Pertaining to Ireland or its people, culture, or nationality, often used to describe individuals of Irish descent.

Germans

Refers to the people hailing from Germany, a country in Central Europe, or to their descendants and cultural contributions worldwide.

Italians

Refers to the people from Italy or of Italian descent. In a historical American context, often relates to immigration waves and the integration of Italian-Americans into U.S. society.

Middle Class

A socioeconomic group situated between the working class and the upper class, often defined by moderate income, education, and employment stability.

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