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I an Index of 239

Question 4

Multiple Choice

i. An index of 239.2 and an index of 86.4 are actually percents. ii. The base period for one index might be 1982-84, while the base period for another index might be 1977.
iii. Most business and economic indexes are carried either to the nearest whole percent, such as 312 or 96, or to the nearest 10th of a percent, such as 97.5 and 178.6.


A) (i) , (ii) , and (iii) are all correct statements.
B) (i) and (ii) are correct statements but not (iii) .
C) (i) and (iii) are correct statements but not (ii) .
D) (ii) and (iii) are correct statements but not (i) .
E) (i) , (ii) , and (iii) are all false statements.

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