11. Calculate appropriate index number from the following information: 1985 Commodities P Q R S T 1990 Price in Rs. Expenditure Price in Rs. Expenditure 6 300 10 550 2 200 2 240 4 240 6 360 10 300 12 288 12 320 432 8

11. Calculate appropriate index number from the following information: 1985 Commodities P Q R S T 1990 Price in Rs. Expenditure Price in Rs. Expenditure 6 300 10 550 2 200 2 240 4 240 6 360 10 300 12 288 12 320 432 8

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

CALCULATE CONSUMER PRICE INDEX,PRODUCER PRICE INDEX AND WHOLESALE PRICE INDEX.(CPI,PPI,WPI).

11. Calculate appropriate index number from the following information:
1985
Commodities
P
Q
R
S
T
1990
Price in Rs. Expenditure Price in Rs. Expenditure
6
300
10
550
200
2
240
240
6
360
300
12
288
320
12
432
4
10
8

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