Exhibit 17-2
You are given the following information about items X, Y, and Z.
-Refer to Exhibit 17-2. The unweighted aggregate price index for 2010 is
A)80
B)125
C)1.25
D)0.80

Question

Exhibit 17-2
You are given the following information about items X, Y, and Z. 
-Refer to Exhibit 17-2. The unweighted aggregate price index for 2010 is
A)80 
B)125 
C)1.25 
D)0.80

Quizplus · Accepted Answer

The unweighted aggregate price index is calculated by dividing the sum of prices in the current year by the sum of prices in the base year, then multiplying by 100. If the sum of prices in 2010 is 125% of the base year, the index is 125.

Exhibit 17-2 You Are Given the Following Information About Items X, Y