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Business, 05.05.2020 08:55 caggh345

A price index:

a. always includes a base year.
b. measures the cost of purchasing a market basket of output across different years.
c. is normalized to 100 for the base year.
d. always includes a base year, measures the cost of purchasing a market basket of output across different years, and is normalized to 100 for the base year.

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A price index:

a. always includes a base year.
b. measures the cost of purchasin...
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