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    Basic Statistics for Business Economics
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    Exam 15: Index Numbers
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    The Statistics Canada Reported That the Farm Population Dropped from 30.5
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The Statistics Canada Reported That the Farm Population Dropped from 30.5

Question 66

Question 66

Multiple Choice

The Statistics Canada reported that the farm population dropped from 30.5 million in 1940 to 16.5 million in 1999. What is the index for 1999 based on 1940?


A) 45.9
B) 103.0
C) 54.1
D) 78.7
E) 184.8

Correct Answer:

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