Question
The prices of selected household goods for December 2010 and December 2020 are given below. The quantities purchased are also included. 2010 2020 Item Price
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The prices of selected household goods for December 2010 and December 2020 are given below. The quantities purchased are also included.
2010
2020
Item
Price
Quantity
Price
Quantity
Paper Towels (2 rolls)
2.34
6
3.33
6
Facial Tissue (200 tissues)
2.09
4
2.61
5
Bathroom Tissue (4 rolls)
2.30
2
2.74
3
Shampoo (300 ml)
3.39
5
3.94
4
Deodorant (60 g)
3.80
3
4.23
4
Toothpaste (100 ml)
2.02
6
3.38
5
Use 2010 as the base period and construct a Paasche price index (to two decimal places). Do not use % sign.
Use 2010 as the base period and construct a Laspeyres price index (to two decimal places). Do not use % sign.
The prices of selected household goods for December 2010 and December 2020 are given below. The quantities purchased are also included.
|
| 2010 | 2020 | ||
| Item | Price | Quantity | Price | Quantity |
| Paper Towels (2 rolls) | 2.34 | 6 | 3.33 | 6 |
| Facial Tissue (200 tissues) | 2.09 | 4 | 2.61 | 5 |
| Bathroom Tissue (4 rolls) | 2.30 | 2 | 2.74 | 3 |
| Shampoo (300 ml) | 3.39 | 5 | 3.94 | 4 |
| Deodorant (60 g) | 3.80 | 3 | 4.23 | 4 |
| Toothpaste (100 ml) | 2.02 | 6 | 3.38 | 5 |
Use 2010 as the base period and construct a Paasche price index (to two decimal places). Do not use % sign.
Use 2010 as the base period and construct a Laspeyres price index (to two decimal places). Do not use % sign.
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Investing In Real Estate Private Equity
Authors: Sean Cook
1st Edition
1980587027, 978-1980587026
