If 2014 is the base year, the price index in 2013 isChoose one answer from the options below.89.396.0104.0111.9BackNext

To determine the price index for the year 2013 using 2014 as the base year, we should understand that the price index for the base year (2014) is set to 100. A price index below 100 indicates a decrease in prices compared to the base year, while an index above 100 indicates an increase.

Step 1: Understanding the Price Index

• Base year (2014) price index = 100
• Price index < 100 indicates deflation (prices lower than 2014)
• Price index > 100 indicates inflation (prices higher than 2014)

Step 2: Analysis of Given Options

• 89.3: This value indicates that prices in 2013 were lower than the base year (deflation).
• 96.0: This value suggests a small decrease in prices compared to the base year.
• 104.0: This would indicate that prices in 2013 were higher (inflation).
• 111.9: This value also implies significant inflation.

Final Answer Judgment

Given that 2014 is the base year (price index = 100), the index value for 2013 should indeed be low since 2013 is one year prior to a base scenario, likely indicating lower prices.

Thus, the most reasonable choice for the price index in 2013 would be 89.3.