11. measures the value of a variable relative to its value at a base period. A. A base Index B. An index numbers C. A market basket D. A fixed market basket

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section7.6: Percent Applications
Problem 9E
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11.
measures the value of a variable relative to its value at a base
period.
A. A base Index
B. An index numbers
C. A market basket
D. A fixed market basket
12. An index number of 400 means
A. goods cost 3 times as much as the base year.
B. goods cost 4 times as much as the base year.
C. goods cost 40 times as much as the base year.
D. goods cost 400 times as much as the base year.
Transcribed Image Text:11. measures the value of a variable relative to its value at a base period. A. A base Index B. An index numbers C. A market basket D. A fixed market basket 12. An index number of 400 means A. goods cost 3 times as much as the base year. B. goods cost 4 times as much as the base year. C. goods cost 40 times as much as the base year. D. goods cost 400 times as much as the base year.
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