How is an index number calculated?
A
Index number = base-year value divided by the value in a year, multiplied by 100.
B
Index number = value in a year minus the base-year value, multiplied by 100.
C
Index number = value in a year divided by the base-year value, divided by 100.
D
Index number = value in a year divided by the base-year value, multiplied by 100.
2.1.3 Uses of index numbers Flashcards
Flashcards for AQA A Level Economics 2.1.3 Uses of index numbers, covering the key terms, economic models and case studies you need to recall for Paper 1, Paper 2 and Paper 3. 25 cards, matched to the AQA A Level Economics (7136) specification.