Refer to the information provided in Table 7.3 below to answer the questions that follow.
Table 7.3

-Refer to Table 7.3.If 2010 is the base year,the price index in 2011 is

Question

Refer to the information provided in Table 7.3 below to answer the questions that follow.
Table 7.3
 
-Refer to Table 7.3.If 2010 is the base year,the price index in 2011 is

Quizplus · Accepted Answer

The price index is calculated by comparing the price level in 2011 to the base year 2010. If the price index is 106.1, it means prices have increased by 6.1% from the base year.

Refer to the Information Provided in Table 7