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1.Calculate the inflation rate and the growth rate between 2020 and 2021 using the Laspeyres formula. Qa Pa Qb Pb 2020 100 5 150 4
1.Calculate the inflation rate and the growth rate between 2020 and 2021 using the Laspeyres formula.
Qa | Pa | Qb | Pb | |
2020 | 100 | 5 | 150 | 4 |
2021 | 120 | 4 | 140 | 8 |
2. Calculate the inflation rate and the growth rate between 2020 and 2021 using the Laspeyres formula.
Qa | Pa | Qb | Pb | |
2020 | 100 | 5 | 150 | 4 |
2021 | 120 | 8 | 140 | 4 |
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