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Let 1 Stand for "Any Given Period" and 2 Stand

Question 8

Multiple Choice

Let 1 stand for "any given period" and 2 stand for "base period". The formula of any index number can be written as:


A) value of index at 1 = absolute value at 1 absolute value at 2
B) value of index at 1 = relative value at 1 × 100 relative value at 2
C) value of index at 1 = relative value at 1 relative value at 2
D) value of index at 1 = absolute value at 2 × 100 absolute value at 1

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