Value of the vegetarian price index


Assume the value of the Vegetarian Price Index for 1996 is 90 percent. That means that:

A. Prices in 1996 are roughly 90% lower than they were in 1995

B. Prices in 1997 are roughly 10% lower than they were in 1995

C. Prices in 1996 are roughly 10% lower than they were in the base year

D. Prices in 1996 are roughly 90% lower than they were in the base year

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Microeconomics: Value of the vegetarian price index
Reference No:- TGS061829

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