QUESTION 2 From SCENAIRO 1-1, which of the following is False? A. The price index for Laspeyre shows a 8% price increase in 2019 compared to 2018 B. The price index for Paache shows a 12% price decrease in 2019 compared to 2018 C. The Laspeyre price index for 2018 could lead to 100% D. None of the above

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D. None of the above
Reason: Base year index is always 100% as it's the reference index
QUESTION 2
From SCENAIRO 1-1, which of the following is False?
A. The price index for Laspeyre shows a 8% price increase in 2019 compared to 2018
B. The price index for Paache shows a 12% price decrease in 2019 compared to 2018
C. The Laspeyre price index for 2018 could lead to 100%
D. None of the above
Reason: It shows an increase and not a decrease
Solution table
2018
2019
2018
2019
poo9
A
Qc
PcQc
PCQ0
POQC
OD
ODod
£2
£5
120
£240
0093
£1,500
B.
Totals
£5
£10
000'
£2,500
£750
00,
000
£2,100
£1,200
0663
Las
208.33
Pas
212.12
2.
Transcribed Image Text:A learm-eu-central-1-prod-fleet01-xythos.content.blackboardcdn.com D. None of the above Reason: Base year index is always 100% as it's the reference index QUESTION 2 From SCENAIRO 1-1, which of the following is False? A. The price index for Laspeyre shows a 8% price increase in 2019 compared to 2018 B. The price index for Paache shows a 12% price decrease in 2019 compared to 2018 C. The Laspeyre price index for 2018 could lead to 100% D. None of the above Reason: It shows an increase and not a decrease Solution table 2018 2019 2018 2019 poo9 A Qc PcQc PCQ0 POQC OD ODod £2 £5 120 £240 0093 £1,500 B. Totals £5 £10 000' £2,500 £750 00, 000 £2,100 £1,200 0663 Las 208.33 Pas 212.12 2.
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1.
MOC
SCENAIRO 1-1
You are presented with the following information on prices and quantities for two goods. All
currencies are US dollars ($).
Table 1: Average prices of selected goods for 2018 and 2019
Item
2018
2019
Good A
£2
£5
Good B
£5
Table 2: Quantities of selected goods for 2018 and 2019
Item
2018
2019
Good A
120
Good B
150
The base year is 2018
QUESTION 1
Transcribed Image Text:https://learn-e X https://learn https://tearn- https://tearm Content ductor learn-eu-central-1-prod-fleet01-xythos.content.blackboardcdn.com 1. MOC SCENAIRO 1-1 You are presented with the following information on prices and quantities for two goods. All currencies are US dollars ($). Table 1: Average prices of selected goods for 2018 and 2019 Item 2018 2019 Good A £2 £5 Good B £5 Table 2: Quantities of selected goods for 2018 and 2019 Item 2018 2019 Good A 120 Good B 150 The base year is 2018 QUESTION 1
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