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GDP Growth Calculation Information 2020 2021 2022 Commodity weights Price Quantity Price Quantity Price Quantity A 12% R 1,485.00 726 R 1,497.00 1423 R 1,698.00

GDP Growth Calculation Information


202020212022
CommodityweightsPriceQuantityPriceQuantityPriceQuantity
A12%R 1,485.00726R 1,497.001423R 1,698.001949
B17%R 1,110.00132R 1,077.00137R 1,497.00180
C54%R 311.00770R 724.00559R 379.00489
D7%R 1,644.001412R 881.001660R 882.001075
E4%R 1,185.001321R 1,720.00795R 2,718.00560
F6%R 521.00728R 836.001624R 1,019.00799


Calculate :

1. Basic Expenditure index for 2021

2. Basic Expenditure index for 2022

3. Laspeyre's index for 2021

4. Laspeyre's index for 2022

5. Paasche's index for 2021

6. Paasche's index for 2022

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SOLUTION To calculate the requested indices we need to understand the formulas for each index 1 Basic Expenditure Index BEI BEI Pricebase Quantitycurrent Pricebase Quantitybase 100 2 Laspeyres Index L... blur-text-image

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