Suppose the Price Index Is 100 in the Base Year

question 2

Multiple Choice

Suppose the price index is 100 in the base year and the price of a pound of oranges in that year is $1.96.Now, if the price index changes to 105 in the following year, how much would a pound of oranges cost?

• A)$2.45
• B)$0.25
• C)$1.96
• D)$2.06
• E)$1.50

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Definitions:

Excessive Anxiety

A level of anxiety that goes beyond what is considered normal or beneficial, often impairing daily functioning.

Relaxation Techniques

Various methods or activities designed to reduce stress and tension in the mind and body, enhancing overall well-being.

Successful Group Session

A meeting or gathering of individuals where the intended objectives or outcomes are effectively achieved.

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The allocation of different tasks or roles among various members of a group to enhance efficiency or effectiveness.