Solved

Exhibit 19-4

Question 37

Multiple Choice

Exhibit 19-4.Consider the following data on the prices (in dollars) of three items,A,B,and C,from 2000 through 2002. Exhibit 19-4.Consider the following data on the prices (in dollars) of three items,A,B,and C,from 2000 through 2002.   Refer to Exhibit 19-4.If the price of item C in 2002 was 210 instead of 207,calculate the unweighted price index for 2002 for the three items,using 2000 as the base year. A) 98.09 B) 100.45 C) 102.03 D) 101.94 Refer to Exhibit 19-4.If the price of item C in 2002 was 210 instead of 207,calculate the unweighted price index for 2002 for the three items,using 2000 as the base year.


A) 98.09
B) 100.45
C) 102.03
D) 101.94

Correct Answer:

verifed

Verified

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

Related Questions