The Base Year for an Index Number Is

question 68

Multiple Choice

The base year for an index number is

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

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Definitions:

Furniture

Objects used to make a room or building suitable for living or working in, such as chairs, tables, and beds.

Tables

Pieces of furniture consisting of a flat top supported by one or more legs, used for various activities like eating, writing, or working.

Species

A group of living organisms consisting of similar individuals capable of exchanging genes or interbreeding, classified within a shared genus.

Genus

Refers to a category of classification in biological taxonomy that ranks above species and below family, grouping species that are structurally similar or phylogenetically related.