Question: The following table gives the money wages and cost of living index number based on 1979.
Year: 1979 1980 1981 1982 1983 1984 1985
Forward Splice Series: 65 70 75 80 90 100 120
Backward Splice Series: 100 110 120 130 150 160 200
Solution:
The following table gives the money wages and cost of living index number based on 1979