Question

11. The cost of living index number was 100 in the year 2013. It has been increased by 30% in the
year 2015 and decreased by 5% in the year 2016. It is increased by 40% in the year 2016 and
by 110% in the year 2017. Obtain the cost of living index numbers of these five years. Convert
these index numbers to chain base index numbers.
1
no​

Answer 1

WASHINGTON, Sept. 19, 2018 Fewer people are living in extreme poverty around the world, but the decline in poverty rates has slowed, raising concerns about achieving the goal of ending poverty by 2030 and pointing to the need for increased pro-poor investments, the World Bank finds.