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If the purchasing power of money is 0.75 in the year 2016 with respect to the base year 2015,

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in Economics by (46.6k points)

If the purchasing power of money is 0.75 in the year 2016 with respect to the base year 2015, then what will be the price index number for the year 2016?

(a) 750
(b) 175
(c) 133.33
(d) 275

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1 Answer

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by (45.6k points)

Correct option is (c) 133.33

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