The Price of a Certain Farm Product Was $2

question 236

Multiple Choice

The price of a certain farm product was $2.00 in the base period when the parity ratio was 100. If the index of prices paid by farmers is now at 130, then the parity price of this farm product today should be

• A)1.40.
• B)2.60.
• C)2.30.
• D)1.70.

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Definitions:

Certain Drugs

Refers to specified or identified drugs that can have various effects on the mind and body, including medicinal, recreational, or performance-enhancing uses.

REM Rebound

The phenomenon of increased REM sleep after being deprived of REM sleep, characterized by longer and more frequent REM periods.

Dreaming

A series of thoughts, images, and sensations occurring in a person's mind during sleep, representing a subconscious mental activity.

Sleep Cycle

A progression through various stages of non-REM and REM sleep that repeats several times throughout a typical night.