FRAME 15.
Note that when the price is greater than the base year price (as in 1987) the index Is over 100,
and when the price Is less than the base year price (as in 1983) the index is less than 100.
QUESTION:
What are the Index numbers for 1984, 1986, 1988, and 1989?
YEAR
PRICE
INDEX
1983
2
93
1984
388
_____
(base) 1985 400
100
1986
420
_____
1987
424
106
1988
460
_____
1989
468
_____
21
FI0921
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