Question
Table 1: GDP Country X: 2017 Cars Restaurant Meals Price $40,000 $20 Quantity 10 10,000 Table 2: GDP Country X: 2018 Cars Restaurant Meals
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Table 1: GDP Country X: 2017
Cars | Restaurant Meals | |
Price | $40,000 | $20 |
Quantity | 10 | 10,000 |
Table 2: GDP Country X: 2018
Cars | Restaurant Meals | |
Price | $30,000 | $40 |
Quantity | 20 | 5,000 |
Using Table 1: Calculate the Paasche, Laspeyres, and Fisher Quantity Index between 2017 and 2018.
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International Political Economy
Authors: Thomas Oatley
6th Edition
1138490741, 9781138490741
