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BigFella9503 BigFella9503
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The table below shows hypothetical data for the volume of gold and nickel output across several years.

Gold
(troy ounces)
IndexNickel
(lbs)
Index
Year 11 230 0004500
Year 21 416 0004551
Year 31 349 0001004623100
Year 4947 0004791
Year 51 012 0004802
Year 61 321 0004867
Year 71 450 0005002
Year 81 510 0005117

TABLE 2-5

Refer to Table 2-5. What is the index number for nickel output in Year 2?

▸ 0.984%

▸ 98.4%

▸ 98.4

▸ 72.0%

▸ -72.0%
Textbook 
Microeconomics

Microeconomics


Edition: 17th
Author:
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crwille78crwille78
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