Consider the Following Data on the Prices of Three Items,A,B,and

question 114

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 2000,using 2001 as the base year.

• A) 100.08
• B) 98.56
• C) 100.85
• D) 99.92

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Definitions:

Language Development

The process by which children come to understand and communicate language during early childhood.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or otherwise sensed.

Gross Motor Skills

The abilities required to control the large muscles of the body for walking, running, sitting, and other activities.

Fine

In another context, refers to a monetary charge imposed as a penalty for an offense.