Examlex

Solved

An Index of Clothing Prices for 2014 Based on 2000

question 92

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. 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 Aggregate price index for 2014. A)  111.8 B)  112.9 C)  113.3 D)  112.5 E)  113.0 Determine the Aggregate price index for 2014.


Definitions:

Biological Survival

The basic processes and functions necessary for an organism to live, including obtaining food, reproducing, and avoiding predators.

Grasping Reflex

An involuntary movement response in which an infant's fingers close around an object placed in their hand.

Voluntary Grasping

A deliberate and controlled act of seizing or holding objects, which is a developmental milestone in infants.

Phonemes

A language's tiniest sound piece that can distinguish between words.

Related Questions