Multiple Choice
The table below shows hypothetical per- minute cell phone charges for "pay- and- talk" service over several years.
-Refer to Table 2- 2. Assume that 2005 is used as the base year, with the index number = 100. Which of the following series is the correct set of index numbers for the per- minute cell phone charges from 2005 to 2009?
A) 1.0; 0.91; 0.73; 0.64; 0.45
B) 100; 91; 73; 64; 45
C) 0.55; 0.50; 0.40; 0.35; 0.25
D) 100%; 91%; 73%; 64% 45%
E) 55; 50; 40; 35; 25
Correct Answer:

Verified
Correct Answer:
Verified
Q16: Which of the following statements is NOT
Q18: An economic model that contains a highly
Q28: Suppose an economist tells you that the
Q30: Suppose point A represents co- ordinates (X=10,
Q37: The table below shows hypothetical per-
Q38: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5438/.jpg" alt=" FIGURE 2- 3
Q42: The slope of a straight line is
Q43: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB5438/.jpg" alt=" FIGURE 2- 3
Q67: A scatter diagram<br>A)plots a series of observations,
Q87: Each of the following is an example