Assume a ten percent decrease in the price of all goods in 1991;if the base year is 1990,then the price index in 1991 will be
A)90.
B)110.
C)200.
D)1100.

Name: Assume a ten percent decrease in the price of all goods in 1991;if the base year is 1990,then the price index in 1991 will be A)90. B)110. C)200. D)1100.
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A ten percent decrease in the price of all goods compared to the base year (1990) means the price index for 1991 would be 90, reflecting that prices are 90% of what they were in the base year.

Assume a Ten Percent Decrease in the Price of All