Multiple Choice
The Consumer Price Index in June 2006 was 159.3 (1982-84 = 100) . What does this indicate about prices from 1982-84 to June 2006?
A) It rose 59.3%.
B) It rose 100.0%.
C) It rose 159.3%.
D) It declined 159.3%.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q51: An example of a weighted index is
Q52: You are given the following information on
Q53: The number of items produced and the
Q54: All indexes have the same base,namely 1982-84,written
Q55: Real income is computed by _.<br>A)dividing money
Q57: If the Consumer Price Index in June
Q58: An index of 239.2 represents a 239.2%
Q59: Data for fuel oil and gasoline purchased
Q60: The Laspeyres method computes a weighted index.
Q61: The Bureau of the Census reported that