Consider the following table: Year Quantity/Price Good 1 Good 2 Good 3 Total value 1990 Quantity 108 35 54 3417 Price 15 39 8 Quantity 101 59 79 à Pi 1995 5474 b. Compute the 2000 Laspeyres price index base 100 = 1990. c. Compute the 2005 Paasche quantity index base 100 = 1995. e. Compute the 1990 Fisher price index base 100 = 2000. 1 d. Compute the 2000 Paasche price index base 100 = 1990. f. Compute the 2000 chained Fisher price index base 100 = 1990. Price 15 Answer the following questions. Round your answers to the nearest first decimal. a. Compute the 1995 Laspeyres quantity index base 100 = 2000. 43 18 Quantity 116 58 74 2000 6742 Price 24 44 19 2005 Quantity 132 61 86 8948 Price 31 50 21
Consider the following table: Year Quantity/Price Good 1 Good 2 Good 3 Total value 1990 Quantity 108 35 54 3417 Price 15 39 8 Quantity 101 59 79 à Pi 1995 5474 b. Compute the 2000 Laspeyres price index base 100 = 1990. c. Compute the 2005 Paasche quantity index base 100 = 1995. e. Compute the 1990 Fisher price index base 100 = 2000. 1 d. Compute the 2000 Paasche price index base 100 = 1990. f. Compute the 2000 chained Fisher price index base 100 = 1990. Price 15 Answer the following questions. Round your answers to the nearest first decimal. a. Compute the 1995 Laspeyres quantity index base 100 = 2000. 43 18 Quantity 116 58 74 2000 6742 Price 24 44 19 2005 Quantity 132 61 86 8948 Price 31 50 21
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
Questions d,e,f please thank you so much!
![Consider the following table:
Year
Quantity/Price
Good 1
Good 2
Good 3
Total value
Quantity
108
35
1990
54
3417
Price
15
39
8
Quantity
101
59
79
1995
5474
b. Compute the 2000 Laspeyres price index base 100 = 1990.
c. Compute the 2005 Paasche quantity index base 100 = 1995.
e. Compute the 1990 Fisher price index base 100 = 2000.
d. Compute the 2000 Paasche price index base 100 = 1990.
Price
f. Compute the 2000 chained Fisher price index base 100 = 1990.
15
43
18
Answer the following questions. Round your answers to the nearest first decimal.
a. Compute the 1995 eyres quantity index base 100 = 2000.
Quantity
116
58
74
2000
6742
Price
24
44
19
Quantity Price
31
132
2005
61
86
8948
50
21](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb0d88c7e-85d2-4eda-a83b-ae2867c429fd%2Ff377d029-73d0-4614-8641-13141d207392%2Fqs3c4qa_processed.png&w=3840&q=75)
Transcribed Image Text:Consider the following table:
Year
Quantity/Price
Good 1
Good 2
Good 3
Total value
Quantity
108
35
1990
54
3417
Price
15
39
8
Quantity
101
59
79
1995
5474
b. Compute the 2000 Laspeyres price index base 100 = 1990.
c. Compute the 2005 Paasche quantity index base 100 = 1995.
e. Compute the 1990 Fisher price index base 100 = 2000.
d. Compute the 2000 Paasche price index base 100 = 1990.
Price
f. Compute the 2000 chained Fisher price index base 100 = 1990.
15
43
18
Answer the following questions. Round your answers to the nearest first decimal.
a. Compute the 1995 eyres quantity index base 100 = 2000.
Quantity
116
58
74
2000
6742
Price
24
44
19
Quantity Price
31
132
2005
61
86
8948
50
21
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