Question
Price relatives for three items, along with base-period prices and usage, are shown in the following table. Base Period Item Price Relative Price Usage A
Price relatives for three items, along with base-period prices and usage, are shown in the following table.
| Base Period | |||
|---|---|---|---|
| Item | Price Relative | Price | Usage |
| A | 155 | 22.00 | 20 |
| B | 95 | 5.00 | 45 |
| C | 115 | 14.00 | 40 |
Compute a weighted aggregate price index for the current period. (Round your answer to the nearest integer.)I=
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Microeconomics
Authors: Paul Krugman, Robin Wells
3rd edition
978-1429283427, 1429283424, 978-1464104213, 1464104212, 978-1429283434
