What is the composite index in 2014? Group of answer choices 172 120 153.5 130

ENGR.ECONOMIC ANALYSIS
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Author:NEWNAN
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Chapter1: Making Economics Decisions
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 What is the composite index in 2014?

Group of answer choices
172
120
153.5
130
 
 
 
Refer to the table below for the index of housing construction cost.
Type of Housing
Single Unit
Duplex
Multiple Units
%
70
5
25
Reference Year ($/ft²)
I = 100
41
38
33
2014 ($/ft²)
62
57
53
Transcribed Image Text:Refer to the table below for the index of housing construction cost. Type of Housing Single Unit Duplex Multiple Units % 70 5 25 Reference Year ($/ft²) I = 100 41 38 33 2014 ($/ft²) 62 57 53
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