Constructing price indexes: How can I answer all parts to this question please? (A through to F).
Constructing Price Indexes How Can I Answer All Parts To This Question Please A Through To F 1 (59.52 KiB) Viewed 73 times
Constructing Price Indexes How Can I Answer All Parts To This Question Please A Through To F 2 (207.24 KiB) Viewed 73 times
Consider the following table: Year 1990 1995 2000 2005 Quantity/Price Quantity Price Quantity Price Quantity Price Quantity Price Good 1 82 11 119 16 110 27 135 30 Good 2 35 33 40 39 66 47 58 46 Good 3 64 5 84 13 78 23 98 30 Total value 2377 4556 7866 9658 Answer the following questions. Round your answers to the nearest first decimal.
a. Compute the 1990 Laspeyres quantity index base 100 = 2005. b. Compute the 1995 Laspeyres price index base 100 = 2005. C. Compute the 2000 Paasche quantity index base 100 = 2005. d. Compute the 1995 Paasche price index base 100 = 2005. e. Compute the 1990 Fisher price index base 100 = 2000. f. Compute the 2000 chained Fisher price index base 100 = 1990. fo
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