Refer to the information provided in Table 7.6 below to answer the questions that follow.
Table 7.6
-Refer to Table 7.6. If 2015 is the base period, the price index in 2014 is
A) 81.2.
B) 86.8.
C) 118.8.
D) 123.2.

Question

Refer to the information provided in Table 7.6 below to answer the questions that follow.
Table 7.6 
-Refer to Table 7.6. If 2015 is the base period, the price index in 2014 is
A) 81.2. 
B) 86.8. 
C) 118.8. 
D) 123.2.

Quizplus · Accepted Answer

The price index in 2014 is 81.2, which is calculated by dividing the price in 2014 by the price in 2015 and multiplying by 100.

Refer to the Information Provided in Table 7