Price B3. The following table shows the gold prices in recent 4 years: Year Price Index (USS per ounce) (Base = 2018) 20
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Price B3. The following table shows the gold prices in recent 4 years: Year Price Index (USS per ounce) (Base = 2018) 20
Price B3. The following table shows the gold prices in recent 4 years: Year Price Index (USS per ounce) (Base = 2018) 2018 1328 12018 =? 2019 1294 12019 =? 2020 1562 12020 =? 2021 1949 12021 =? (a) Calculate all the simple price indexes by using 2018 as the base year. (b) Calculate the percentage change from 2020 to 2021. (4 marks) (2 marks) (Total 6 marks)
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