The consumendien index come price of a fudbude of goods in one yow with the prostem bundle of goods how to Calodate the
Posted: Sat Mar 19, 2022 5:45 pm
Good The consumer price index (CPI) is a fed-weight index. It compares the price of a fixed bundle of goods in one year with the price of the same bundle of goods in somebase year, Calculate the price of a bundle containing 200 units of food, 40 units of it, 180 units of unexpected experts, and 30 units of beisure activities in 2015, 2016, 2017 and 2018. Your 2015 is the bass year 2015, 2016, 2017 and 2018 are given below. Quantity Consumed 2015 Prices 2016 Price 2017 Prices 2018 Prices Food 200 HK$80 HKS HK$04 HKO 46 62 Unexpected expenses 180 30 42 Leisure activities 75 Using the informaton above, calculate the following: The price of the bundle in 2015 in HK$)(Round your response to the nearest dottor) Utilities 40 00 40 81 05 54 76 30 80