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The Table Below Shows Hypothetical Tuition Costs at a Canadian

Question 22

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The table below shows hypothetical tuition costs at a Canadian university. The table below shows hypothetical tuition costs at a Canadian university.   TABLE 2-1 Refer to Table 2-1.Assume that 2017 is used as the base year,with the index number = 100.The value of the index number in 2015 is calculated as follows: A) 5000/5100 = 0.98. B) (5100/5000) × 100 = 102. C) 5100/5000 = 1.02. D) 5100/5100 = 100. E) (5000/5100) × 100 = 98. TABLE 2-1 Refer to Table 2-1.Assume that 2017 is used as the base year,with the index number = 100.The value of the index number in 2015 is calculated as follows:


A) 5000/5100 = 0.98.
B) (5100/5000) × 100 = 102.
C) 5100/5000 = 1.02.
D) 5100/5100 = 100.
E) (5000/5100) × 100 = 98.

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