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Consider the small economy represented in the following table. All values are in dollars. Part B: Constructing Price Indexes Consider the following table: Answer the
Consider the small economy represented in the following table. All values are in dollars. Part B: Constructing Price Indexes
Consider the following table:
Answer the following questions. Round your answers to the nearest first decimal.
a Compute the Laspeyres quantity index base
b Compute the Laspeyres price index base
c Compute the Paasche quantity index base
d Compute the Paasche price index base
e Compute the Fisher price index base
f Compute the chained Fisher price index base
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