Evaluate the Paasche Price index for 2020 using 2010 as the base year for the above data. A. 117.7 B. 120.1 C. 138.9 D. 141.8 Question 22 Evaluate the Laspeyres Quantity index for 2020 using 2010 as the base year for the above data.

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Question 21 
Use the attached information to answer Question 21 and Question 22.

Evaluate the Paasche Price index for 2020 using 2010 as the base year for the above data.
A. 117.7
B. 120.1
C. 138.9
D. 141.8


Question 22 
Evaluate the Laspeyres Quantity index for 2020 using 2010 as the base year for the above data.
A. 117.7
B. 120.1
C. 138.9
D. 141.8

Use the following information to answer Question 21 and Question 22.
The prices and consumptions of basic goods in years 2010 and 2020 are given in the following table.
| 2010
2020
Quantities (kg)
Unit Price
(Rands)
Unit Price
Quantities (kg)
(Rands)
Flour
15
62
26
78
Sugar
12
15
19
22
Maize meal
14
80
15
85
Transcribed Image Text:Use the following information to answer Question 21 and Question 22. The prices and consumptions of basic goods in years 2010 and 2020 are given in the following table. | 2010 2020 Quantities (kg) Unit Price (Rands) Unit Price Quantities (kg) (Rands) Flour 15 62 26 78 Sugar 12 15 19 22 Maize meal 14 80 15 85
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