The Bureau of the Census reported that the farm population dropped from 30.5 million in 1940 to 6.5 million in 1999. What is the index for 1999 based on 1940?
A)469.7
B)100.0
C)21.3
D)78.7

Question

Quizplus · Accepted Answer

To find the index for 1999 based on 1940, we use the formula:

Index = (value of current year / value of base year) x 100

Substituting the values, we get:

Index = (6.5 million / 30.5 million) x 100
Index = 21.31

Rounding off to one decimal place, we get the answer as 21.3, which is option C.

The Bureau of the Census Reported That the Farm Population