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17 June, 01:24

The nominal price of industrial red paint was $12 per gallon in 1993. To convert this value to the real price of paint in 2017 dollars, we should use the

A. 30-day T-bill rate.

B. Producer Price Index.

C. federal funds rate.

D. Consumer Price Index.

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Answers (1)
  1. 17 June, 03:58
    0
    Consumer price index
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