Use the following to answer questions:
Table: Real and Nominal Output 
-(Table: Real and Nominal Output) Look at the table Real and Nominal Output. The price index in year 1, using year 3 as the base period, is:
Definitions:
Purchase Price
The amount of money that is paid or will be paid for the acquisition of a good, service, or asset.
Insurance Contracts
Legal agreements between an insurer and the insured, defining the claims which the insurer is legally required to pay.
Insurance Company Agent
An individual authorized to sell and manage insurance policies on behalf of an insurance company.
Broker
An individual or firm that acts as an intermediary between buyers and sellers, typically in financial transactions, real estate, or insurance.
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