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Author Question: If 2015 is the base year, the bundle price of goods in 2015 is $500, and the bundle price of goods ... (Read 67 times)

mp14

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Question 1

If period 1 is the base year, the bundle price of goods in period 1 is $300, and the bundle price of goods in period 2 is $320, the period 2 price index is


◦ 93.3.
◦ 93.8.
◦ 106.2.
◦ 106.7.

Question 2

If 2015 is the base year, the bundle price of goods in 2015 is $500, and the bundle price of goods in 2016 is $700, the 2016 price index is


◦ 140.0.
◦ 128.6.
◦ 71.4.
◦ 60.0.


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Marked as best answer by mp14 on Apr 19, 2019

dellikani2015

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