Question: Index Number. If computer costs in the year 2000 are set equal to 100 so they can be used as the basis for determining index

Index Number. If computer costs in the year 2000 are set equal to 100 so they can be used as the basis for determining index numbers, and the index number for the year 2012 is 15, what do we know about computer costs in 2012 compared with computer costs in 2000?

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