Author Question: The table below shows hypothetical monthly cell phone plan fees for the identical service over ... (Read 216 times)

0220521 · **on:** Oct 12, 2022

Question 1

The table below shows hypothetical monthly cell phone plan fees for the identical service over several years.

2018	$55
2019	$50
2020	$40
2021	$35
2022	$25

TABLE 2-2

Refer to Table 2-2. Assume that 2018 is used as the base year, with the index number = 100. The value of the index number in 2022 is
◦ 0.45.
◦ 45.45.
◦ 25.0.
◦ 2.5.
◦ 0.25.

Question 2

The table below shows hypothetical monthly cell phone plan fees for the identical service over several years.

2018	$55
2019	$50
2020	$40
2021	$35
2022	$25

TABLE 2-2

Refer to Table 2-2. Assume that 2018 is used as the base year, with the index number = 100. The value of the index number in 2020 is
◦ 72.73.
◦ 137.5.
◦ 1.375.
◦ 100.
◦ 0.72.

ludadtpb · **Reply #1 on:** Oct 12, 2022

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