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The price index computed between two time periods is given as 128%,This implies that the
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Economics Classroom
Jamb
Jamb 2005
International Trade
Balance Of Trade And Balance Of Payments
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The price index computed between two time periods is given as 128%,This implies that the
SchoolNGR Classroom
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
A
Disposable income have increased by 28%
B
Living standards have fallen by 128%
C
Living standards have risen by 128%
D
Living standards have fallen by 28%
Show Answer
Show Explanation
Correct Answer:
Option B
Explanation:
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