INDEX NUMBERS Flashcards
1
Q
what do we use index numbers to do
A
make big complicated numbes more simple
allow for quick and easy cimparison
2
Q
the base year always has a value of
A
100
3
Q
how do we get base year
A
raw#(number we wanna make base year)
/
base year raw number (same number)
x 100
4
Q
how do we get base number from diff year
A
that number
/
raw base year numebr
x100
5
Q
how do we work out differnce between two base number s
A
new - og/og x 100
