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  3. Study Set
    Economics Theory and Practice
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    Exam 4: Goals and Problems of the Macroeconomy: Employment, Prices and Production
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    -If Year 3 Is the Base Year
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-If Year 3 Is the Base Year

Question 200

Question 200

Multiple Choice

  -If year 3 is the base year: A)  the price index number for year 3 is 500.0. B)  the price index number for year 4 is greater than 100.0. C)  the price index number for year 4 is 0.20. D)  the price index numbers for years 1 and 2 are less than zero.
-If year 3 is the base year:


A) the price index number for year 3 is 500.0.
B) the price index number for year 4 is greater than 100.0.
C) the price index number for year 4 is 0.20.
D) the price index numbers for years 1 and 2 are less than zero.

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