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The Formula for Calculating a Price Index Number for a Given

Question 113

Multiple Choice

The formula for calculating a price index number for a given year is:


A) .
The formula for calculating a price index number for a given year is: A)  .   B)  .   C)  dollar outlay for the given year - dollar outlay for the base year. D)  100 × (dollar outlay for the given year - dollar outlay for the base year) .
B) .
The formula for calculating a price index number for a given year is: A)  .   B)  .   C)  dollar outlay for the given year - dollar outlay for the base year. D)  100 × (dollar outlay for the given year - dollar outlay for the base year) .
C) dollar outlay for the given year - dollar outlay for the base year.
D) 100 × (dollar outlay for the given year - dollar outlay for the base year) .

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