Essay
In September 2015, a Brisbane family's weekly diet consisted of 6 kg of fish, 2 kg of beef and 2 kg of veal. One year later, because of the cost increases in these products, the family's diet has changed so that each week they consume 4 kg of chicken and 1 kg each of beef, veal, pork and fish. The prices are listed in the table below. Calculate the Paasche price index for 2016, using 2015 as the base.
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The Paasche price index for 1998 is:
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[(5...
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