The following table provides the values of the simple price index for watches in a country. If the base year is revised from 2006 to 2007,calculate the updated index for 2008.
A)113.5
B)96.77
C)95.24
D)103.33

Question

The following table provides the values of the simple price index for watches in a country.  If the base year is revised from 2006 to 2007,calculate the updated index for 2008.
A)113.5 
B)96.77 
C)95.24 
D)103.33

Quizplus · Accepted Answer

The Answer of The following table provides the values of the simple price index for watches in a country.  If the base year is revised from 2006 to 2007,calculate the updated index for 2008.
A)113.5 
B)96.77 
C)95.24 
D)103.33

The Following Table Provides the Values of the Simple Price