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    Business Statistics Communicating with Numbers Study Set 2
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    Exam 19: Returns, Index Numbers and Inflation
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    If P<sub>t </Sub>is the Price of Good X in Period
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If Pt is the Price of Good X in Period

Question 68

Question 68

Multiple Choice

If pt is the price of good X in period t,and p0 is the base period price,which of the following is the equation for a simple price index for good X?


A) If p<sub>t </sub>is the price of good X in period t,and p<sub>0</sub> is the base period price,which of the following is the equation for a simple price index for good X? A)    B)    C)    D)
B) If p<sub>t </sub>is the price of good X in period t,and p<sub>0</sub> is the base period price,which of the following is the equation for a simple price index for good X? A)    B)    C)    D)
C) If p<sub>t </sub>is the price of good X in period t,and p<sub>0</sub> is the base period price,which of the following is the equation for a simple price index for good X? A)    B)    C)    D)
D) If p<sub>t </sub>is the price of good X in period t,and p<sub>0</sub> is the base period price,which of the following is the equation for a simple price index for good X? A)    B)    C)    D)

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