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  3. Study Set
    Basic Statistics for Business Economics
  4. Exam
    Exam 15: Index Numbers
  5. Question
    Sean McCarthy Earns $20,000 a Year; John Nowak, $35,000
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Sean McCarthy Earns $20,000 a Year; John Nowak, $35,000

Question 28

Question 28

Multiple Choice

Sean McCarthy earns $20,000 a year; John Nowak, $35,000. What is John's income as an index using Sean's income as the base?


A) 157.1
B) 75.0
C) 100.0
D) 57.1
E) 175.0

Correct Answer:

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