I When Two or More Series of Index Numbers to Be

question 48

Multiple Choice

i. When two or more series of index numbers to be compared do not have the same base period,
We select a common base period for all series. Then we use the respective base numbers as the
Denominators and convert each base to the new base.
ii. Canada pension plan payments and old age security pensions are periodically adjusted based on
The Consumer Price Index.
iii. The largest component of the Canadian CPI is Food.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

---

Definitions:

Academically Successful

Refers to achieving high marks and exceeding average standards in an educational setting.

Primary Drives

Basic biological needs such as thirst or hunger that motivate behavior to satisfy those needs.

Physiologically Based

Pertains to the underlying physiological or biological mechanisms of an organism or process.

Anorexia Nervosa

A psychological and potentially life-threatening eating disorder characterized by self-starvation and excessive weight loss.