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BottomJee
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Ipsita!
Why is it 2003?

Posted from my mobile device

The graph essentially shows that there has been some % of increase every year from 1994.


So if the value is continuously rising every year, the maximum value would be the latest year - which is 2003.
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i think the correct answer is wrong. it should be 2002
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­3. The Consumer Price Index figure for urban healthcare was highest in [2003].

The graphs show percent increase only, not the whole CPI figure

CPI kept increasing over the year ==> 2003 is when the figure is highest
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The graph shows annual percentage increase in all the years. Thus, the highest value would be in the last year shown in the graph i.e. 2003
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Explanation in simple terms:

The graph shows how much medical prices went up each year (not the total price, just the yearly jump).

1. Every single year from 1994 to 2003, prices went up.
2. Sometimes they went up a lot (like 1994 and 2002, about 5%).
3. Sometimes they went up less (like 1996–1997, about 3%).

But they never went down.

Q: Was 2003 higher than 2000?
A: Yes. Even if the jump in 2003 (3.5%) is smaller than in 2000 (about 4%), prices kept adding up every year. So by 2003, the total price level was higher.
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I am not able to understand , How it comes 2003. Could anyone explain.
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