Last Year the Price of a Dozen Eggs Was $1

question 238

Multiple Choice

Last year the price of a dozen eggs was $1, and this year the price is $1.30. Which of the following does NOT express this price change accurately?

• A) The price increased 30 percent.
• B) The price increased by 30 cents.
• C) If last year was the base year, the index number for this year would be 130.
• D) If this year is the base year, the index number for last year would be 130.

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