Solved

Let 1 Stand for "Any Given Period" and 2 Stand

Question 75

Multiple Choice

Let 1 stand for "any given period" and 2 stand for "base period." The formula of any index number can be written as


A) value of index at 1 = Let 1 stand for any given period and 2 stand for base period. The formula of any index number can be written as A) value of index at 1 = × 100. B) value of index at 1 = × 100. C) value of index at 1 = × 100. D) value of index at 1 = . E) value of index at 1 = . × 100.
B) value of index at 1 = Let 1 stand for any given period and 2 stand for base period. The formula of any index number can be written as A) value of index at 1 = × 100. B) value of index at 1 = × 100. C) value of index at 1 = × 100. D) value of index at 1 = . E) value of index at 1 = . × 100.
C) value of index at 1 = Let 1 stand for any given period and 2 stand for base period. The formula of any index number can be written as A) value of index at 1 = × 100. B) value of index at 1 = × 100. C) value of index at 1 = × 100. D) value of index at 1 = . E) value of index at 1 = . × 100.
D) value of index at 1 = Let 1 stand for any given period and 2 stand for base period. The formula of any index number can be written as A) value of index at 1 = × 100. B) value of index at 1 = × 100. C) value of index at 1 = × 100. D) value of index at 1 = . E) value of index at 1 = . .
E) value of index at 1 = Let 1 stand for any given period and 2 stand for base period. The formula of any index number can be written as A) value of index at 1 = × 100. B) value of index at 1 = × 100. C) value of index at 1 = × 100. D) value of index at 1 = . E) value of index at 1 = . .

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q43: Choose the answer that best explains why

Q71: According to the Bank of Canada's website,Canada's

Q73: Suppose economists at the World Bank develop

Q74: Figure 2-5 shows monthly average (per unit)production

Q76: The table below shows hypothetical data for

Q79: On a coordinate graph with y on

Q84: On a coordinate graph with y on

Q90: For a given year,an index number of

Q114: Suppose we observe that consumption of electricity

Q123: An economic theory requires,among other things,<br>A)a set