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
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
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
Related questions
Question
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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.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F098b354d-7046-422d-a4b4-5f3f02d89904%2F64645889-0548-4ee5-acb1-f142a1eb0d0c%2F60ep5ya.jpeg&w=3840&q=75)
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.
![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 ($).
Table 1: Average prices of selected goods for 2018 and 2019
Item
2018
2019
Good A
£2
£5
Good B
£5
Table 2: Quantities of selected goods for 2018 and 2019
Item
2018
2019
Good A
120
Good B
150
The base year is 2018
QUESTION 1](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F098b354d-7046-422d-a4b4-5f3f02d89904%2F64645889-0548-4ee5-acb1-f142a1eb0d0c%2F22k847v.jpeg&w=3840&q=75)
Transcribed Image Text:https://learn-e X
https://learn
https://tearn-
https://tearm
Content
ductor
learn-eu-central-1-prod-fleet01-xythos.content.blackboardcdn.com
1.
MOC
SCENAIRO 1-1
You are presented with the following information on prices and quantities for two goods. All
currencies are US dollars ($).
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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