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I need help with this healthcare economics question. Thank you in advance. In an effort to analyze the effect of COVID 19 on the health
I need help with this healthcare economics question.
Thank you in advance.
In an effort to analyze the effect of COVID 19 on the health care expenditure a research team in Healthystate considered 2019 to be the base year in calculating the Laspeyres Index. The following are data from 2018-2020 Quantity Prices Quantity Prices Quantity Prices 2018 2018 2019 2019 2020 2020 Oxygen supply 150 100 170 110 2500 180 Pharmaceutical 500 270 750 250 1500 210 Products Intensive Care 50 2170 50 2200 500 2300 Elective 150 1870 130 2100 5 3500 surgeries Considering the base year as year "0" a. Calculate the Laspeyres index between 2018 and 2019 er GIVO) to dosite sill exyisas of holls ne ni b. Calculate the Laspeyres index between 2019 and 2020 By ead sift ed of etOS beveblenco sisizyrlissH OSOS-8105 mov c. John claimed that since 2020 is an important year (since most of it was COVID 19 issues) we need to consider it as base year. Calculate the Laspeyres index between 2019 and 2020. d. Why would there be a difference between the index in part c and the one in part b? UnGUO (7 points) 209179 OSOS eros eros 8105 810S 081 oozs OFF oar vigque regyxO OLS 002F 025 oar OUS 2loub019 GOES opa OOSS 02 0a 9162 aviznail OOZE oat 2shogya "O" isay as isay send ord gnitebiznod exos bnis 8108 noowted xsbal asiyagaal arts stelyals) .6 OSOS bris etOS neswied xebni emysgas) erdt etslots) .d of bear ow (asuzal er CIVOD 2sw it to from conte) assy Inshoqmil as al 0508 sonia Jard bemislo ndola .0508 bas @108 neswfed xabi amysqzel sit sisluol0 .wey seed as # isbiznoo Ed hisg ni sno ans bris a heq al xsbail and nsewled consistlib s ad siar bluow ww b (atnlog [)Step by Step Solution
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