Solved

Solve the Problem A)195
B)51

Question 101

Multiple Choice

Solve the problem.
-Find the gasoline price index for 1975 using the 1955 price as the reference value. Use the table below.  YEAR|GASOLINE PRICE  (cents per gallon)  195529.1196531.2197556.71985119.61995120.52000155.02010284.0\begin{array}{l}\text { YEAR|GASOLINE PRICE }\\\begin{array} { l | l } & \text { (cents per gallon) } \\\hline 1955 & 29.1 \\1965 & 31.2 \\1975 & 56.7 \\1985 & 119.6 \\1995 & 120.5 \\2000 & 155.0 \\2010 & 284.0\end{array}\end{array}


A) 19.5
B) 51.3
C) 194.8
D) 175.3

Correct Answer:

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