In the following index the year of the base period ie the ba
In the following index, the year of the base period (i.e. the base year) is: [Image Description: This is a table that describes the Year and the Index. For Year FYX6, the index is 0.9890. For Year FYX7, the index is 0.9931. For Year FYX8, the index is 1.0000. For Year FYX9, the index is 1.1092.
FYX9
FYX8
FYX7
FYX6
Solution
Answer : The first of a series of years in an economic or financial index. A base year is normally set to an arbitrary level of 100. Any year can be chosen as a base year, but typically recent years are chosen. New, more up-to-date base years are periodically introduced to keep data current in a particular index.
Final Conclusion Answer : So , the year is FYX8 with the index 1.0000.
