Multiple Choice
Let 1 stand for ʺany given periodʺ and 2 stand for ʺbase period.ʺ The formula of any index number can be written as
A) value of index at 1 = absolute value at 1 × 100. absolute value at 2
B) value of index at 1 = absolute value at 2 × 100. absolute value at 1
C) value of index at 1 = relative value at 1 × 100. relative value at 2
D) value of index at 1 = absolute value at 1 . absolute value at 2
E) value of index at 1 = relative value at 1 . relative value at 2
Correct Answer:

Verified
Correct Answer:
Verified
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