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Use the information below to answer the questions that follow: BASE YEAR 2020 2021 2022 Item Quantity Price Quantity Price Quantity Price Milk 2920 R

Use the information below to answer the questions that follow:

BASE YEAR
2020 2021 2022
Item Quantity Price Quantity Price Quantity Price
Milk 2920 R 3,95 3100 R 4,10 3210 R 4,10
Bread 2190 R 3,60 2230 R 3,80 2200 R 4,00
Eggs 16425 R 0,60 17563 R 0,60 17890 R 0,65
Butter 730 R 7,20 680 R 7,70 650 R 8,30
Cheese 1135 R 14,00 1086 R 14,90 1150 R 16,00
Margerine 1574 R 6,80 1700 R 7,20 1720 R 7,50

Question 19 of 216 Points

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What follows is a numeric fill in the blank question with 6 blanks.

Using the information provided and given that the base year is 2021, calculate the following:

ALL ANSWERS TO 2 DECIMAL PLACES

a. Basic Expenditure Index for:

- 2020 is Blank 1. Fill in the blank, read surrounding text.

- 2022 is Blank 2. Fill in the blank, read surrounding text.

b. Laspeyre's Price Index for:

- 2020 is Blank 3. Fill in the blank, read surrounding text.

- 2022 is Blank 4. Fill in the blank, read surrounding text.

c. Paasche's Price Index for:

- 2020 is Blank 5. Fill in the blank, read surrounding text.

- 2022 is Blank 6. Fill in the blank, read surrounding text.

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