Question: Identify the six price indexes in Table 2.1 that result from using the price from 1970 as the reference value. TABLE 2.1 Average Gasoline Prices

Identify the six price indexes in Table 2.1 that result from using the price from 1970 as the reference value.

TABLE 2.1 Average Gasoline Prices (per gallon) Price as a percentage of 1980 price 25.4% 29.5% 100.0% 100.8% 1279% 232.8% Price index (1980# 100) 25.4 29.5 100.0 100.8 127.9 232.8 Year Price 1960$0.31 1970 $0.36 1980 $1.22 1990 $1.23 2000 $1.56 2010 $2.84

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