If the Price Index for 2008 Was 100 and the Price

question 89

Multiple Choice

If the price index for 2008 was 100 and the price index for 2009 was 109,then how much did prices change between 2008 and 2009?

• A)1 percent increase
• B)8 percent increase
• C)9 percent increase
• D)12 percent increase
• E)12 percent decrease

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