Biology Forums - Study Force

Other Fields Homework Help Economics Topic started by: emlaai on Mar 16, 2019



Title: Suppose the index of prices received by farmers for 2012 was 1.70 and the base year of this index ...
Post by: emlaai on Mar 16, 2019

Suppose the index of prices received by farmers for 2012 was 1.70 and the base year of this index was 1996. Then



• relative to 1996, prices received by farmers were 70% lower in 2012.

• relative to 2012, prices received by farmers were 70% higher in 1996.

• relative to 1996, prices received by farmers were 70% higher in 2012.

• relative to 2012, prices received by farmers were 70% lower in 1996.


Title: Suppose the index of prices received by farmers for 2012 was 1.70 and the base year of this index ...
Post by: Kutthroat Kane on Mar 16, 2019
Content hidden