The Table Below Shows Hypothetical Tuition Costs at a Canadian

question 22

Multiple Choice

The table below shows hypothetical tuition costs at a Canadian university. TABLE 2-1 Refer to Table 2-1.Assume that 2017 is used as the base year,with the index number = 100.The value of the index number in 2015 is calculated as follows:

• A)5000/5100 = 0.98.
• B)(5100/5000)× 100 = 102.
• C)5100/5000 = 1.02.
• D)5100/5100 = 100.
• E)(5000/5100)× 100 = 98.

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