Exhibit 19-4.Consider the following data on the prices (in dollars)of three items,A,B,and C,from 2000 through 2002. Refer to Exhibit 19-4.Compute the unweighted price index for the three items for 2000,using 2001 as the base year.
A)100.08
B)98.56
C)100.85
D)99.92

Question

Exhibit 19-4.Consider the following data on the prices (in dollars)of three items,A,B,and C,from 2000 through 2002.  Refer to Exhibit 19-4.Compute the unweighted price index for the three items for 2000,using 2001 as the base year.
A)100.08 
B)98.56 
C)100.85 
D)99.92

Quizplus · Accepted Answer

The Answer of Exhibit 19-4.Consider the following data on the prices (in dollars)of three items,A,B,and C,from 2000 through 2002.  Refer to Exhibit 19-4.Compute the unweighted price index for the three items for 2000,using 2001 as the base year.
A)100.08 
B)98.56 
C)100.85 
D)99.92