industrial workers during the years 1980-87. The consumer price indices for these years with 1980 as basewe 10-35. The table given below shows the average wages in rupees per week of a group ofarealso shown::1980YearAverage Wage of Workers (Rs.) .Consumer Price Index() Determine the Real Wage of workers during the years 1980-87 as compared with their wages in1981198219831984198519861987119133144157175184189194100107-6106-6107-6116-2118-9119-8120-21980.(ii) Determine the purchasing power of Rupee for the year 1987 as compared te the year 1980. What isthe significance of this result ?res

Answered: Image /qna-images/answer/de26cab0-1983-425f-b826-b72bca7059ce.jpg

Answered: industrial workers during the years…

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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Example 5. From the following data construct the index number for the year 2004 on the hasi. of 2003. Price (Rs.) Items Units (2003) Ро (2004) P, Wheat Quintal 200 250 Rice Quintal 300 400 Pulses Quintal 400 500 Milk Litre 3 Clothing Meter 3 5
The following table gives the cost of living index for 1998 with 1986 as base for different commodity groups: Food, Clothing, Fuel and Light, Rent and Miscellaneous as 440, 500, 350, 400 and 250 respectively with their weights in order in the ratio 15: 1:2:3:4. Obtain, the overall cost of living index number, suppose a person was earning $ 4,000 in 1986. What should be his salary in 1998 to maintain the standard of living as in 1986?
The following table gives average annual prices of commodity during the yer 1982-1991 Year 1982 1983 1984 1985 1986 1987 1988 1989 1990 1991 Price 400 450 525 525 600 675 700 800 825 900 Calculate :(i) Price relatives taking 1982 as base (ii) Price relatives taking 1987 as base (iii) Chain indices
In the construction of the retail price index numbers the weights were assigned as follows. Food 0, Fuel-10, Housing-7, Clothing-4, and Misc.-9. Compute the index number foi the period if the average percentage of increase in prices of the various items were 20, 25, 30, 40, and 50 respectively. If an executive was getting a monthly salary of Rs. 3000 in the base period what should he get in the current period in order that he may be able to maintain his same standard of living.
Because the total population in 2050 is much larger than the Comparison of Population in the United States in 1950 and 2050 (in millions of persons) 1950 population, comparing percentages in each age group is clearer than comparing counts. Make a table of the Age Group 1950 2050 percentage of the total population in each age group for both Under 10 years | 29.3 | 56.2 1950 and 2050. 10 to 19 years 21.8 || 56.7 Only one age group in 1950 represents a larger percentage of the population than it does in 2050. For that age group, 20 to 29 years | 24.0 | 56.2 30 to 39 years | 22.8 | 55.9 determine the difference of the percentages between 1950 and 2050. Report your answer to the tenth of a percent. 40 to 49 years 19.3 52.8 50 to 59 years 15.5 || 49.1 60 to 69 years| 11.0 | 45.0 70 to 79 years 5.5 34.5 difference in percentages: % 80 to 89 years 1.6 | 23.7 90 to 99 years 0.1 8.1 100 years and 0.6 over Total 151.1 310.6
42. In a working class budget enquiry in towns A and B, it was found in 2014 that an average working class family's expenditure on food and other items was as follows : Town A Town B 50% 50% () Food (i) Other items In 2017, the consumer price index stood at 279 for town A, 265 for town B (Base year 2014 = 100). It was known that the rise in the prices of all articles consumed by the working class was the same for A and B. What was the 2017 index for (a) food, and (b) other items ? 64% 36%

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