Business
Business, 15.11.2019 21:31, alexiagreen1212

Suppose that in 1984 the total output in a single good economy was 12,000 buckets of chicken. also assume that in 1984 each bucket of chicken was priced at $16. finally assume that in 2005 the price per bucket of chicken was $20 and that 26,000 buckets were produced. what was the gdp price index for 1984 using 2005 as the base year?

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Suppose that in 1984 the total output in a single good economy was 12,000 buckets of chicken. also a...

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