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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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