If the price index rises from 100 to 120, the purchasing power value of the dollar:
A. may either rise or fall
B. will rise by one-sixth.
C. will fall by one-sixth.
D. will rise by 20 percent.
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Home » Business » If the price index rises from 100 to 120, the purchasing power value of the dollar: A. may either rise or fall B. will rise by one-sixth. C. will fall by one-sixth. D. will rise by 20 percent.