Assume That the Year 2000 Is Used as the Index

question 108

Multiple Choice

Assume that the year 2000 is used as the index base period and that sales were 12 million in the year 2000. If sales were 18 million in the year 2006, the simple index number for the year 2006 is:

• A) 1.5
• B) 6 million
• C) 150
• D) 0.666