If period 1 is the base year, the bundle price of goods in period 1 is $200, and the bundle price of goods in period 2 is $240, the period 2 price index is O 80.0. 83.3. O 116.7. O 120.0.

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Chapter6: Macroeconomic Measurements, Part I: Prices And Unemployment
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If period 1 is the base year, the bundle price of goods in period 1 is $200,
and the bundle price of goods in period 2 is $240, the period 2 price index
is
80.0.
83.3.
116.7.
120.0.
Transcribed Image Text:If period 1 is the base year, the bundle price of goods in period 1 is $200, and the bundle price of goods in period 2 is $240, the period 2 price index is 80.0. 83.3. 116.7. 120.0.
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