Multiple Choice
The wholesale price of a straight back desk chair in 1998 was $20; in 1999, $23; and in 2000, $18. What were the indexes for 1999 and 2000 using 1999 = 100?
A) 115.0 and 90.0
B) 1.15 and 0.9
C) 1150.0 and 900.0
D) 87.0 and 111.1
E) 87.0 and 78.3
Correct Answer:
Verified
Correct Answer:
Verified
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