The following is Nigerias Industrial Output Index for the years 1984 to 1997: Year ......Index of Output
Question:
The following is Nigeria’s Industrial Output Index for the years 1984 to 1997:
Year ......Index of Output
1984 ......175
1985 ......190
1986 ......132
1987 ...... 96
1988 ......100
1989 ...... 78
1990 ......131
1991 ......135
1992 ......154
1993 ......163
1994 ......178
1995 ......170
1996 ......145
1997 ......133
a. What is the base year used here?
b. Change the base year to 1993.
c. What happened to Nigeria’s industrial output from 1996 to 1997?
d. Describe the trends in industrial output throughout the years 1984 to 1997.
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Step by Step Answer:
a 1988 b Just divide each index number by 1993 index 1988 index c It fell fro...View the full answer
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