The Table Given Below Lists the Average Price Level in a Country

The table given below lists the average price level in a country for four consecutive years.
Table 7.2
$\begin{array}{c}\text { Price Data }\\\begin{array}{|c|c|}\hline \text { Year } & \text { Average Price Level } \\\hline 1992 & 1.000 \\1993 & 1.039 \\1994 & 1.064 \\1995 & 1.093 \\\hline\end{array}\end{array}$
-Refer to the Table 7.2. How many times more goods and services could be purchased with one dollar in 1992 than in 1995?

A) 1.064
B) 1.07
C) 1.093
D) 1.93
E) 1.96

Correct Answer:

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