ASAP PLEASE.

(5) The Laspeyres price index for 1890 with base year 1850 is calculated using 1850 quantities for weights. Calculate the Laspeyres price index for 1890 with base year 1850 for this group of four staple foods. (6) If a Swede were rich enough in 1850 to afford the 1890 bundle of staple foods in 1850, how much times would he spent as much on these foods as does the typical Swedish worker of 1850? (7) If a Swede in 1890 decided to purchase the same bundle of food staples that was consumed by typical 1850 workers, how much times would he spend of the amount that the typical Swedish worker of 1890 spends on these goods? 4 (8) Consider food prices and consumption in Sweden in 1850 and 1890. Potato consumption was the same in both years. Real income must have gone up between 1850 and 1890 , since the amount of food staples purchased, as measured by either the Laspeyres or the Paasche quantity index, rose. The price of potatoes rose less rapidly than the price of either meat or milk, and at about the same rate as the price of grain flour. So real income went up and the price of potatoes went down relative to other goods. From this information, determine whether potatoes were most likely a normal or an inferior good. Explain your answer. (9) Can one also tell from these data whether it is likely that potatoes were a Giffen good?