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Consider the following table: Year 1990 1995 2000 2005 Quantity/Price Quantity Price Quantity Price Quantity Price Quantity Price Good 1 86 16 111 22 121
Consider the following table: Year 1990 1995 2000 2005 Quantity/Price Quantity Price Quantity Price Quantity Price Quantity Price Good 1 86 16 111 22 121 24 133 29 Good 2 31 31 41 35 66 40 69 45 Good 3 56 7 75 18 94 20 93 25 Total value 2729 5227 7424 9287 Answer the following questions. Round your answers to the nearest first decimal. a. Compute the 1990 Laspeyres quantity index base 100 = 1995. b. Compute the 1995 Laspeyres price index base 100 = 2005. c. Compute the 2000 Paasche quantity index base 100 = 1990. d. Compute the 1990 Paasche price index base 100 = 1995. e. Compute the 2000 Fisher price index base 100 = 1990. f. Compute the 2000 chained Fisher price index base 100 = 1990
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