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Consider the following information 2010 2014 Item Price Quantity Price Quantity A 25 210 37 300 B 87 120 115 180 C 48 220 55

Consider the following information

2010 2014

Item Price Quantity Price Quantity

A 25 210 37 300

B 87 120 115 180

C 48 220 55 280

D 35 95 45 80

1. The laspeyres index is

a. 28.30

b. 28.93

c. 128.30

d. 128.93

e. 130.24

2. The paasche index is

a. 28.30

b. 28.93

c. 128.30

d. 128.93

e.130.24

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