MCQOPTIONS
Saved Bookmarks
MCQOPTIONS
| 1. |
If the price index is 200, it means that the price level is |
| A. | 200 percent higher than in the base year |
| B. | 150 percent higher than in the base year |
| C. | 100 percent higher than in the base year |
| D. | 50 percent higher than in the base year |
| E. | Rs. 17,50,500 |
| Answer» D. 50 percent higher than in the base year | |