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The price of a house in Year 1 was $50,000. If the price index for Year 1 is 101, and for

The price of a house in Year 1 was $50,000. If the price index for Year 1 is 101, and for

The price of a house in Year 1 was $50,000. If the price index for Year 1 is 101, and for Year 2 is 202, the value of the house in Year 2 is ________.


A.$100,000
B.$150,000
C.$55,000
D.$75,000

Johnson 11-Nov-2017

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