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I the Base Period for One Index Might Be 1982-84

question 79

Multiple Choice

i. The base period for one index might be 1982-84, while the base period for another index might be 1977. ii. The base number for most indexes is 1.
iii. Most business and economic indexes are carried either to the nearest whole percent, such as 312 or 96, or to the nearest 10th of a percent, such as 97.5 and 178.6.

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