4
answers
0
watching
342
views
18 Aug 2020
The formula for computing a basic price index is
A) (cost of market basket today/cost of the market basket in the base year) × 100.
B) (cost of the market basket in base year/100) × cost of market basket today.
C) (cost of the market basket in base year/cost of market basket today) × 100.
D) (100/cost of the market basket in the base year) + cost of market basket today.
The formula for computing a basic price index is
A) (cost of market basket today/cost of the market basket in the base year) × 100.
B) (cost of the market basket in base year/100) × cost of market basket today.
C) (cost of the market basket in base year/cost of market basket today) × 100.
D) (100/cost of the market basket in the base year) + cost of market basket today.
teacherrecoLv10
25 Feb 2022
Divya SinghLv10
28 Sep 2020
Already have an account? Log in
