Question #311960

where did the 100 came from??CPI 2016 base year


1
Expert's answer
2022-03-15T12:44:18-0400

If we calculate the CPI for the base year we divide base year expenditure by base year expenditure, making the base year CPI always equal to 100.


Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Comments

No comments. Be the first!
LATEST TUTORIALS
APPROVED BY CLIENTS