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The following table shows average retail prices of selected goods obtained from supermarkets in Grenada for the period 2010 to 2016. Compute a Laspeyre Price

The following table shows average retail prices of selected goods obtained from supermarkets in Grenada for the period 2010 to 2016. Compute a Laspeyre Price Index for the period 2010 to 2016 using 2011 as the base year. Refer to the Index for 2013 and 2015 to comment on price movements for the period

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