he table given below reports the price of soda over four consecutive years. Table 5.7 Price Data Year Base-Year Soda Price Current Soda Price 1 (base year) $0.30 $0.30 2 $0.30 $0.45 3 $0.30 $0.55 4 $0.30 $0.65 Refer to Table 5.7. Compute the price index for the base year.
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The table given below reports the price of soda over four consecutive years.
Table 5.7
|
Price Data |
||
|
Year |
Base-Year Soda Price |
Current Soda Price |
|
1 (base year) |
$0.30 |
$0.30 |
|
2 |
$0.30 |
$0.45 |
|
3 |
$0.30 |
$0.55 |
|
4 |
$0.30 |
$0.65 |
Refer to Table 5.7. Compute the price index for the base year.
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- The table given below reports the price of soda over four consecutive years.Table 5.7 Price Data Year Base-Year Soda Price Current Soda Price 1 (base year) $0.30 $0.30 2 $0.30 $0.45 3 $0.30 $0.55 4 $0.30 $0.65 Refer to Table 5.7. Compute the price index for the third year. Group of answer choices 100 150 130 118 183The table below gives the price and consumption (usage/sales) for two products xand yfor four years. Using year 2000 as the base year calculate for each year, thea) Basic expenditure index b) Laspeyers price index, and c) Paasche price indexthe following data represents a set do demands that have occurred over the last several years at a soap making company. The data were collected on an annual basis. Year Actual Demand (At) Forecast (Ft) 1 310 2 365 3 395 4 415 5 450 6 465 7 a) using the SIMPLE AVERAGE method to predict the demand for the 7th year b) the SIMPLE MOVING AVERAGE method to predict the demand for the 7th year
- The Reliable Aircraft Company manufactures small, pleasure-use aircraft. Based on past experience, sales volume appears to be affected by changes in the price of the planes and by the state of the economy as measured by consumers' disposable personal income. The following data pertaining to Reliable's aircraft sales, selling prices, and consumers' personal income were collected: Year AIRCRAFT SALES AVERAGE PRICE DISPOSABLE PERSONAL INCOME 2006 525 $17,200 $610 2007 450 8,000 610 2008 400 8,000 590 Present your results in the form of a short report (maximum 1500 words) with the following elements: 1- A brief introduction to report. This should include an indication of the form of the model used, including the expected signs of the coefficients for each variable (use quality academic resources in this area, why do you think these factors affect the den 2- An analysis of each variable in the model. This should include: function). An interpretation of each estimated coefficient A…X 13.1.69 Question Help The year 2018 price of a new car is given below. Find the estimated future prices required to fill the blanks in the chart. 2024 price 2030 price 11% 2024 price 2018 price 2% inflation 2% inflation 2030 price 11% Item inflation inflation New car $35,900 Complete the table with the future prices using the indicated inflation rates. 2024 price 2030 price 2024 price 2030 price 11% 11% inflation inflation Item 2018 price 2% inflation 2% inflation $ 40,349.96 24 New car $35,900 Enter your answer in the edit fields and then click Check Answer. Clear All Check Answer All parts showing hp hp %24 %24The table below is extracted from Goodland Republic Bureau of Statistics records for 2016 -2017. Use the information to answer the questions that follow. Goodland Economy 2013 and 2018 I tem Price 2017 (Base year) Price 2018 Price per Price per Unit ($) | Production 55,000 98,000 45,000 2,450.00 110,000 6.000 7,000.00 Unit ($) Production 50,000 100,000 50,000 23,000.00 120,000 5,000 Rice ( tons) Wheat (tons) Tractors mid-size (units) Cotton (tons) Used cars Manufacture garments ( tons) Eggs (Trays) Соса Cola (litres) Pepsi Cola (litres) Beef (tons) Second hand cloths (tons) Alcoholic Beverages (litres) Milk (litres) 1.50 2.00 2.00 2.50 100.00 120.00 5,000.00 50.00 150,000 2,000 6,000 700 145,000 2,300 6,500 70.00 2.50 3.50 0.80 1.20 1.50 1.10 850 5,000 500 500 4,800 450 600 6.50 8.50 15.00 25.00 3.25 3.75 7,000 2.30 7,500 2.50 Examine the status of the economic welfare in Goodland Republic in 2018 based on your GDP deflator, nominal GDP and Real GDP. Also, explain the reasons why it is…
- According to data given in the table, to use index system to analyze the effect price and sales volume variation put on sales value. Unit price (yuan) Commodity's Measurement unit Sales volume name 2017 year 2018 year 2017 year 2018 year Knitting wool kg 400 400 44.6 48.5 Cotton 850 900 7.5 8.2 Leather shoes pair 700 760 88.0 10518. The following are the index numbers of wholesale prices of a commodity based on 2011: Year Index Numbers Year Index Numbers 2011 2012 100 1102013 150 210 225 240 2015 2016 100 108 120 150 2017 2014S Prepare new Index Numbers taking 2013 as base.The following graph shows the approximate value of the U.s. Consumer Price Index (CPI) from September 2004 through November 2005. CPI Sep 2004–Nov 2005 I(t) 202 200 198 196 194 192 190 + 188 →t 14 4 8 10 12 Sep-04 Jan-05 Nov-05 The approximating curve shown on the figure is given by I(t) = -0.005t³ + 0.12t2 – 0.01t + 190 (0 sts 14), where t is time in months since the start of September 2004. (a) Use the model to estimate the monthly inflation rate in January 2005 (t = 4). Recall that the inflation rate is I'(t) (Round your answer to three decimal places.) I(t) % (b) Was inflation slowing or speeding up in January 2005? O slowing down O speeding up (c) When was inflation speeding up? When was inflation slowing? (Use the model to determine this.) Inflation was speeding up prior to --Select--- v 2005 and slowing after --Select--- v 2005.
- Examine the following information as reported for the foods below in the years 2010 and 2019. 2010 2019 Item Price (S) Quantity Price (S) Quantity Eggs (one dozen) $2.75 27 $3.37 40 Chicken (500 g) $3.20 11 $3.57 7 Bread (675 g) $2.28 18 $2.83 23 a) Compute a simple price index for each of the items, using the year 2010 as the base year. Enter them in the same order as above: Eggs, Chicken, Bread. Round answers to 1 decimal. b) Compute a simple aggregate price index. Use 2010 as the base period. Round to one decimal place. c) Compute the Laspeyres price index for 2019 using 2010 as the base year. Round to one decimal place. d) Determine a value index for 2019, using 2010 as the base year. Round to one decimal place.The following table reports prices and usage quantities for two items in 2009 and 2011. (Round your answers to the nearest integer.) Quantity Unit Price ($) Item 2009 2011 2009 2011 | 1,400 1,700 7.50 A 7.55 650.00 1,400.00 (a) Compute price relatives for each item in 2011 using 2009 as the base period. Item Price Relative A В (b) Compute an unweighted aggregate price index for the two items in 2011 using 2009 as the base period. 2011 (c) Compute a weighted aggregate price index for the two items using the Laspeyres method using 2009 as the base period. 2011I Consider the demand for trading cards listed below. Month Demand Jan. 51,000 48,000 Feb. March 55,000 April May 58,000 66,000 June 69,000 80,000 July Aug. 95,000 Use Excel to prepare a forecast for September, October, and November using linear regression Print out the sheet of results, as well as a sheet containing the formulas that you used ( can be used to toggle between displaying values and displaying formulas or you can click on Formulas>Formula Auditing→Show Formulas.) and for the cars is 16.000
