(a) Compute price relatives for each item in 2011 using 2009 as the base period. Item Price Relative A B (b) Compute an unweighted aggregate price index for the two items in 2011 using 2009 as the base period. I2011 (c) Compute a weighted aggregate price index for the two items using the Laspeyres method using 2009 as the base period. 2011 (d) Compute a weighted aggregate price index for the two items using the Paasche method using 2009 as the base period. I 2011
(a) Compute price relatives for each item in 2011 using 2009 as the base period. Item Price Relative A B (b) Compute an unweighted aggregate price index for the two items in 2011 using 2009 as the base period. I2011 (c) Compute a weighted aggregate price index for the two items using the Laspeyres method using 2009 as the base period. 2011 (d) Compute a weighted aggregate price index for the two items using the Paasche method using 2009 as the base period. I 2011
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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Transcribed Image Text:The following table reports prices and usage quantities for two items in 2009 and 2011. (Round your answers to the nearest integer.)
Quantity
Unit Price ($)
Item
2009
2011
2009
2011
A
1,500
1,600
7.50
7.45
B
4
630.00
1,500.00
(a) Compute price relatives for each item in 2011 using 2009 as the base period.
Item
Price Relative
A
В
(b) Compute an unweighted aggregate price index for the two items in 2011 using 2009 as the base period.
2011 -
(c) Compute a weighted aggregate price index for the two items using the Laspeyres method using 2009 as the base period.
I2011 =
(d) Compute a weighted aggregate price index for the two items using the Paasche method using 2009 as the base period.
I2011 =
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