i. All indexes have the same base, namely 1982-84, written 1982 - 84 = 100.
ii. The base period for one index might be 1982-84, while the base period for another index might
Be 1977.
iii. The base number for most indexes is 1.
A) (i), (ii), and (iii) are all correct statements.
B) (i) and (ii) are correct statements but not (iii).
C) (i) and (iii) are incorrect statements but (ii) is correct.
D) (ii) and (iii) are correct statements but not (i).
E) (i), (ii), and (iii) are all false statements.

Question

Quizplus · Accepted Answer

(i) and (iii) are incorrect statements but (ii) is correct.

I All Indexes Have the Same Base, Namely 1982-84, Written