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Exhibit 19-3

Question 27

Multiple Choice

Exhibit 19-3.Consider the following information about the price and the price index of a popular book over three years. Exhibit 19-3.Consider the following information about the price and the price index of a popular book over three years. Refer to Exhibit 19-3.Identify the correct statement from the following. A) The price of the book increased by 3.11% between 2010 and 2011. B) If 2011 was the base year,the price index for the book in 2009 would have been 90. C) Between 2009 and 2011,the price of the book went up by 11.11%. D) If 2010 was the base year,the price index in 2009 would have been 99.28. Refer to Exhibit 19-3.Identify the correct statement from the following.


A) The price of the book increased by 3.11% between 2010 and 2011.
B) If 2011 was the base year,the price index for the book in 2009 would have been 90.
C) Between 2009 and 2011,the price of the book went up by 11.11%.
D) If 2010 was the base year,the price index in 2009 would have been 99.28.

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