Essay
You are given the following information regarding four items.
a.Calculate the price relative index for each item,using 2005 as the base year.
b.Calculate the unweighted aggregate price index.
c.Calculate a Laspeyres index.
d.Calculate a Paasche index.
e.Construct a weighted aggregate quantity index using 2005 as the base year and price as the weight.
Correct Answer:
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a.287.5,156.25,159.0...View Answer
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