A Price Index Is Computed by

A price index is computed by

A) calculating the ratio of the percentage change in price to the percentage change in output.
B) multiplying average prices in the base year by 100.
C) subtracting GDP in the base year from the current GDP.
D) adding values expressed in base-year terms to current values.
E) dividing the current cost of a set of goods by the cost of the same goods in the base year.