An Index of Clothing Prices for 2014 Based on 2000

question 3

Multiple Choice

An index of clothing prices for 2014 based on 2000 is to be constructed. The clothing items
Considered are shoes and dresses. The information for prices and quantities for both years is given
Below. Use 2000 as the base period and 100 as the base value.
Determine the Laspeyres' price index for 2014.

• A) 111.8
• B) 112.9
• C) 113.3
• D) 112.5
• E) 113.0

---

Definitions:

Productive Agenda

A planned schedule or list of tasks that is designed to achieve maximum efficiency and output.

Supply Information

The act of providing data or details to someone who needs it.

Goals

Targets or desired outcomes that an individual or organization aims to achieve.

Collaborative Messages

Communications that involve multiple parties working together to create or convey information.