Consider the Following Data on the Prices of Three Items

question 1

Multiple Choice

Consider the following data on the prices of three items, A, B, and C, from 2000 through 2002. Compute the unweighted price index for the three items for 2002, using 2000 as the base year.

• A) 98.26
• B) 98.48
• C) 109
• D) 101.46

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Definitions:

Vestibular Fibers

These are nerve fibers associated with the vestibular system, which helps in the process of balance and spatial orientation.

Vestibular Canal

A part of the inner ear that contributes to the body's sense of balance and spatial orientation.

Organ of Corti

The structure within the inner ear of vertebrates that contains receptor cells that sense sound vibrations.

Tectorial Membrane

The roof membrane of the organ of Corti in the cochlea of the ear.