Consider the following data on the prices of three items, A, B, and C, from 2000 through 2002. If the price of item C in 2002 was 210 instead of 207, which of the following is the unweighted aggregate price index for 2002 for the three items, using 2000 as the base year?
A) 98.09
B) 100.45
C) 102.03
D) 101.94

Question

Consider the following data on the prices of three items, A, B, and C, from 2000 through 2002.  If the price of item C in 2002 was 210 instead of 207, which of the following is the unweighted aggregate price index for 2002 for the three items, using 2000 as the base year?
A) 98.09 
B) 100.45 
C) 102.03 
D) 101.94

Quizplus · Accepted Answer

The Answer of Consider the following data on the prices of three items, A, B, and C, from 2000 through 2002.  If the price of item C in 2002 was 210 instead of 207, which of the following is the unweighted aggregate price index for 2002 for the three items, using 2000 as the base year?
A) 98.09 
B) 100.45 
C) 102.03 
D) 101.94

Consider the Following Data on the Prices of Three Items