If the same basket of goods which cost N12.00 in 1985 cost N15.00 in 1987,
ECONOMICS
JAMB 1990
If the same basket of goods which cost N12.00 in 1985 cost N15.00 in 1987, price index for 1987 is?
- A. 25
- B. 80
- C. 100
- D. 125
Correct Answer: D. 125
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