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(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. I2011 =  (d) Compute a weighted aggregate price index for the two items using the Paasche method using 2009 as the base period. I2011 =

(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. I2011 =  (d) Compute a weighted aggregate price index for the two items using the Paasche method using 2009 as the base period. I2011 =

MATLAB: An Introduction with Applications
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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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 ($)
Item 2009 2011 2009 2011
A 1,400 1,700 8.50 6.75
B 4 2 630.00 1,400.00
(a)
Compute price relatives for each item in 2011 using 2009 as the base period.
Item Price Relative
A  
B  
(b)
Compute an unweighted aggregate price index for the two items in 2011 using 2009 as the base period.
I2011 = 
(c)
Compute a weighted aggregate price index for the two items using the Laspeyres method using 2009 as the base period.
I2011 = 
(d)
Compute a weighted aggregate price index for the two items using the Paasche method using 2009 as the base period.
I2011 = 
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Follow-up Question
The following table reports prices and usage quantities for two items in 2009 and 2011. (Round your answers to the nearest integer.)
  Quantity Unit Price ($)
Item 2009 2011 2009 2011
A 1,400 1,700 8.50 6.75
B 4 2 630.00 1,400.00
(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.
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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