I If Two or More Series of Index Numbers Have

Multiple Choice

i. If two or more series of index numbers have the same year as the base period, then they can be
Compared directly.
ii. When two or more series of index numbers to be compared do not have the same base period,
We select a common base period for all series. Then we use the respective base numbers as the
Denominators and convert each base to the new base.
iii. Canada pension plan payments and old age security pensions are periodically adjusted based
On the Consumer Price Index.

A) (i) , (ii) , and (iii) are all correct statements.
B) (i) and (ii) are correct statements but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements but not (i) .
E) (i) , (ii) , and (iii) are all false statements.