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Refer to the Given Table

Question 46

Multiple Choice

 Year  Price Level  Value of Dollar 11.00$1.0021.2530.8040.50\begin{array} { | c | c | c | } \hline \text { Year } & \text { Price Level } & \text { Value of Dollar } \\\hline 1 & 1.00 & \$ 1.00 \\\hline 2 & 1.25 & \\\hline 3 & 0.80 & \\\hline 4 & 0.50 & \\\hline\end{array} Refer to the given table. The value of the dollar in year 3 is


A) $1.20.
B) $1.25.
C) $0.80.
D) $1.10.

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