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II Short Answers (10 each, 20 marks in total) se choose two to answer. If you did all three, please indicate h two you would
II Short Answers (10 each, 20 marks in total) se choose two to answer. If you did all three, please indicate h two you would like to be marked. The following is a series of prices for the price of Beer at local bars over the course of 5 years. Year Price per Beer $10.00 $12.00 $12.00 2008 2010 2011 2012 20013 $11.00 $13.00 Index (base=2008) a. Using 2008 as the base year, construct the Index number for this price series and fill them in the column above. Please show all your steps to insure your accuracy
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