The price of a house in year 1 was 50000 if the price index
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
Now Priced at $10 (50% Discount)
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