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Question

Using 2010 as the base year, the 2012 value of a simple price index for the following price data is _____________.
Year 2008 2009 2010 2011 2012 2013
Price 29.88 32.69 42.04 46.18 47.98 48.32

a) 77.60
b) 114.13
c) 160.58
d) 99.30
e) 100.00

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