TABLE 16-14
Given Below Are the Average Prices for Three

question 157

Short Answer

TABLE 16-14
Given below are the average prices for three types of energy products in the United States from 1992 to 1995.
$$\begin{array} { c c c c } \text { Year } & \text { Electricity } & \text { N atural Gas } & \text { Fuel Oil } \\1992 & 43.205 & 25.893 & 0.892 \\1993 & 16.959 & 28.749 & 0.969 \\1994 & 47.202 & 28.933 & 1.034 \\1995 & 48.874 & 29.872 & 0.913 \\1996 & 48.693 & 28.384 & 0.983\end{array}$$
-Referring to Table 16-14, what is the unweighted aggregate price index for the group of three energy items in 1994 using 1992 as the base year?

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Definitions:

Inclusion-Exclusion

Principles or practices within groups or organizations that either facilitate the integration and acceptance of diverse members or delineate boundaries that exclude or limit participation of certain individuals.

Continuum

A continuous sequence in which adjacent elements are not perceptibly different from each other, although the extremes are quite distinct.

Need-Threat Model

A psychological framework that explains how individuals respond to situations that threaten their essential needs.

Sorority

A social organization primarily for female students in colleges or universities, dedicated to personal development, community service, and forming social bonds.