Consider the following data on the prices of three items, A, B, and C, from 2000 through 2002. 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

Consider the following data on the prices of three items, A, B, and C, from 2000 through 2002.  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 Consider the following data on the prices of three items, A, B, and C, from 2000 through 2002.  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

Consider the Following Data on the Prices of Three Items