Multiple Choice
If the average age was $7.67 per hour in 1998 and $14.90 per hour last month, what is the index of hourly wages for last month based on the 1998 information?
A) 100.0
B) 186.9
C) 151.5
D) 194.3
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q21: How can indexes be classified?<br>A)Price<br>B)Quantity<br>C)Value<br>D)Weighted or unweighted
Q34: The Laspeyres method uses the amounts consumed
Q36: How is the purchasing power of the
Q36: Another name for the unweighted method of
Q37: The percent that measures the change in
Q38: The _ index is computed using base
Q41: Data for selected vegetables purchased at wholesale
Q43: If the Laspeyres index is 111.95 and
Q44: Prices and the number produced for selected
Q45: As chief statistician for the county, you