YearQuantity/PriceGood 1Good 2Good 3Total value1990Quantity10835543417& PapPrice15& P398PQuantity10159b. Compute the 2000 Laspeyres price index base 100 = 1990.& P791995c. Compute the 2005 Paasche quantity index base 100 = 1995.5474d. Compute the 2000 Paasche price index base 100 = 1990.e. Compute the 1990 Fisher price index base 100 = 2000.Answer the following questions. Round your answers to the nearest first decimal.a. Compute the 1995 Laspeyres quantity index base 100 = 2000.& Pf. Compute the 2000 chained Fisher price index base 100 = 1990.Price154318Quantity116587420006742Price244419Quantity132612005868948Price315021

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Year Quantity/Price Good 1 Good 2 Good 3 Total value 1990 Quantity 108 35 54 3417 Price & P 15 39 a P 8 Quantity 101 59 1995 79 5474 b. Compute the 2000 Laspeyres price index base 100 = 1990. c. Compute the 2005 Paasche quantity index base 100 = 1995. Price 15 43 18 Answer the following questions. Round your answers to the nearest first decimal. a. Compute the 1995 Laspeyres quantity index base 100 = 2000. & P Quantity 116 58 74 2000 6742 Price 24 44 19 Quantity 132 61 2005 86 8948 Price 31 50 21

Year Quantity/Price Good 1 Good 2 Good 3 Total value 1990 Quantity 108 35 54 3417 Price & P 15 39 a P 8 Quantity 101 59 1995 79 5474 b. Compute the 2000 Laspeyres price index base 100 = 1990. c. Compute the 2005 Paasche quantity index base 100 = 1995. Price 15 43 18 Answer the following questions. Round your answers to the nearest first decimal. a. Compute the 1995 Laspeyres quantity index base 100 = 2000. & P Quantity 116 58 74 2000 6742 Price 24 44 19 Quantity 132 61 2005 86 8948 Price 31 50 21

Survey Of Economics

10th Edition

ISBN:9781337111522

Author:Tucker, Irvin B.

Publisher:Tucker, Irvin B.

Chapter13: Inflation

Section: Chapter Questions

Problem 2SQP

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