If the price index is 200, it means that the price level is | Faculties

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Mr. Dubey

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📊 Business Management

Q. 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

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✅ Correct Answer: (C) 100 percent higher than in the base year

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