Exhibit 17-1
You are given the following information about items A, B, C, and D.
-Refer to Exhibit 17-1. The weighted aggregate price index in 2010 is
A)1.084
B)92.292
C)108.352
D)109.203

Question

Exhibit 17-1
You are given the following information about items A, B, C, and D. 
-Refer to Exhibit 17-1. The weighted aggregate price index in 2010 is
A)1.084 
B)92.292 
C)108.352 
D)109.203

Quizplus · Accepted Answer

The weighted aggregate price index is calculated by taking the sum of the weighted prices of goods in the current year and dividing it by the sum of the weighted prices of goods in the base year, then multiplying by 100. The correct calculation results in 108.352.

Exhibit 17-1 You Are Given the Following Information About Items A, B