Construct the index of average weekly earnings of Australian male employees for the period
2012-2016, using the data in the following table. Use 2012 as the base year. Average weekly earnings of Australian
male employees, May 2012-May 2016
$\begin{array}{|c|c|}
\hline {\text { Year }} & \text { Earnings (\$) } \
\hline 2012 & 1538.10 \
\hline 2013 & 1603.70 \
\hline 2014 & 1650.60 \
\hline 2015 & 1679.30 \
\hline 2016 & 1696.60 \
\hline
\end{array}$ Source: Australian Bureau of Statistics, Australian Economic Indicators, ABS Cat. No. 6302.0, ABS, Canberra.

Question

Quizplus · Accepted Answer

The Answer of Construct the index of average weekly earnings of Australian male employees for the period
2012-2016, using the data in the following table. Use 2012 as the base year. Average weekly earnings of Australian
male employees, May 2012-May 2016
$\begin{array}{|c|c|}
\hline {\text { Year }} & \text { Earnings (\$) } \
\hline 2012 & 1538.10 \
\hline 2013 & 1603.70 \
\hline 2014 & 1650.60 \
\hline 2015 & 1679.30 \
\hline 2016 & 1696.60 \
\hline
\end{array}$ Source: Australian Bureau of Statistics, Australian Economic Indicators, ABS Cat. No. 6302.0, ABS, Canberra.

Construct the Index of Average Weekly Earnings of Australian Male