The Base Year for an Index Number Is

question 66

Multiple Choice

The base year for an index number is

• A)chosen arbitrarily by those who construct the data.
• B)dependant upon the type of data.
• C)declared by the federal government.
• D)the year in which 2 or more index numbers are equal to 100.
• E)determined by the year the variable equals exactly 100.

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