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    Statistics for Business and Economics Study Set 3
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    Exam 20: Index Numbers
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    The Value Given to a Base-Period Price Is
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The Value Given to a Base-Period Price Is

Question 38

Question 38

Multiple Choice

The value given to a base-period price is


A) 1.00
B) the actual price in the base period.
C) 100
D) any value larger than 1.00.

Correct Answer:

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