SCENARIO 16-15 Given Below Are the Average Prices for Three Types of Types

question 98

Short Answer

SCENARIO 16-15
Given below are the average prices for three types of energy products for five consecutive years.

-Referring to Scenario 16-15,what are the simple price indices for electricity,natural gas and fuel oil,respectively,in year 4 using year 1 as the base year?

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Definitions:

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