2. Index A firm uses three materials in its manufacturing processes. The quantities bought in 1990 and 1995 and the prices are as follows: Material Units Prices $ A B с 1990 第4 页 共5 页 Thousands Gallons Meters 100 1 2 1995 150 2 5 Quantities 1990 10 100 50 1995 16 120 70 1) Calculate Laspeyres price indexes for 1995, with 1990=100, using aggregate method. 2) Calculate a current-weighted (Paasche) quantity index to measure the change in the total quantity of materials purchased between 1990 and 1995 using aggregate method.

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2. Index
A firm uses three materials in its manufacturing processes. The quantities bought
in 1990 and 1995 and the prices are as follows:
Material
Units
Prices $
A
B
с
1990
第4页共5页
Thousands
Gallons
Meters
100
1
2
1995
150
2
5
Quantities
1990
10
100
50
1995
16
120
70
1) Calculate Laspeyres price indexes for 1995, with 1990-100, using aggregate
method.
2) Calculate a current-weighted (Paasche) quantity index to measure the change
in the total quantity of materials purchased between 1990 and 1995 using
aggregate method.
Transcribed Image Text:2. Index A firm uses three materials in its manufacturing processes. The quantities bought in 1990 and 1995 and the prices are as follows: Material Units Prices $ A B с 1990 第4页共5页 Thousands Gallons Meters 100 1 2 1995 150 2 5 Quantities 1990 10 100 50 1995 16 120 70 1) Calculate Laspeyres price indexes for 1995, with 1990-100, using aggregate method. 2) Calculate a current-weighted (Paasche) quantity index to measure the change in the total quantity of materials purchased between 1990 and 1995 using aggregate method.
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