Following Is Data for a Hypothetical Economy

question 175

Multiple Choice

Following is data for a hypothetical economy.The base year is 2002 (Price index = 100) .

-Refer to the above data.From 2005 to 2006,prices rose by approximately:

• A) 2 percent.
• B) 4.2 percent.
• C) 6 percent.
• D) 7 percent.

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