Typed answer correctly please. The expenditures of a typical family on gas, food, and clothing in 2009 and 2010 are given in the table below. Assume quantses are constant from 2009 o 2010Category Expendituresin 2009 (in $)560Expenditures in2010 (in S)56834124GasFood31080ClothingWhen the base year is 2009 the value of Consumer Price index (CP) for year 2010 is (Round your response to two a

Given that, The expenditure of a typical family on gas, food, and clothing in 2009 and 2010 are…

xpenditures of a typical family on gas, food.and clothing in 2009 and 2010 are given in the table below. Assume quantoes are constant from 2009 to 2010 Category Gas Food Clothing Expenditures in 2009 (in $) 560 310 Expenditures in 2010 (in $) 568 341 24 80 n the base year is 2009 the value of Consumer Price index (CPI) for year 2010 is (Round your response to wo decimal places)

xpenditures of a typical family on gas, food.and clothing in 2009 and 2010 are given in the table below. Assume quantoes are constant from 2009 to 2010 Category Gas Food Clothing Expenditures in 2009 (in $) 560 310 Expenditures in 2010 (in $) 568 341 24 80 n the base year is 2009 the value of Consumer Price index (CPI) for year 2010 is (Round your response to wo decimal places)

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter18: Introduction To Macroeconomics: Unemployment, Inflation, And Economic Fluctuations

Section: Chapter Questions

Problem 18P

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Part C 3. The manager of a certain gasoline station wants to forecast the demand for the unleaded gasoline next month so that the proper number of gallons can be ordered from the distributor. The manager has accumulated the following data demand for unleaded gasoline from sales during the past eight months. Month Gasoline Demanded (gallons) Mar 900 Given that the forecast for March is 920. Apr 755 May 650 Jun 550 Jul 625 Aug 730 Sept 820 Oct 1 100 a. Compute the exponential smoothed forecast for the demand from April to November. Use a = 0.25. b. Compute the exponential smoothed forecast for the demand from April to November. Use a = 0.45. c. Plot the actual demand and the forecasts determined in part a and b on the same graph and compare them. d. Make a comparative analysis out of your answers in the plotted data. (3-5 sentences)
Good afternoon please help me with how to calculate the the following attatched . Thank you in advance
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Question 2 The Personal Consumption Expenditures Price Index (PCEPI) is design to reflect Oonly prices faced by consumers in their purchases with discretionary income O only prices faced by consumers for essential goods and services Oonly prices faced by consumers for personal entertainment all prices faced by consumers
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