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Given the following table: Year 1 = 100 Year 1Year 2Year 3 Good/ServicePQPQPQ A$850$1055$1260 B$1080$1285$1490 C$2090$2575$2877 SHOW YOUR CALCULATIONS Calculate the Paasche Index for Year

Given the following table:

Year 1 = 100

Year 1Year 2Year 3

Good/ServicePQPQPQ

A$850$1055$1260

B$1080$1285$1490

C$2090$2575$2877

SHOW YOUR CALCULATIONS

  • Calculate the Paasche Index for Year 2

Calculate the Laspeyres Index for Year 3

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