The following information is from General Electric Corporation's annual reports. Year 2015 2016 2017 2018 2019 2020 General Electric Revenue ($ Year Employees Billion) (thousands) 94.49 349 103.3 311 99.28 329 299 221 190 Click here for the Excel Data File 2015 2016 2017 2018 2019 2020 97.01 95.21 79.62 Compute a simple index for the number of employees for GE using the period 2015 to 2016 as the base. The index (2015 to 2016 = 100) for selected years is: Note: Round your answers to 2 decimal places. Simple Index
The following information is from General Electric Corporation's annual reports. Year 2015 2016 2017 2018 2019 2020 General Electric Revenue ($ Year Employees Billion) (thousands) 94.49 349 103.3 311 99.28 329 299 221 190 Click here for the Excel Data File 2015 2016 2017 2018 2019 2020 97.01 95.21 79.62 Compute a simple index for the number of employees for GE using the period 2015 to 2016 as the base. The index (2015 to 2016 = 100) for selected years is: Note: Round your answers to 2 decimal places. Simple Index
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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