g 5 } Q Using the information provided below, answer questions 20 - 22. INFORMATION The data in the table below represents the trade between South Africa and four major trading partners in their respective currencies during the twelve months of 2010 and 2020. Major Currency 2010 2020 Exchange Rate, R Trade volume, (in Billions of foreign Exchange Rate, R Trade volume, (in Billions of foreign currency) currency) US Dollar (US$) 7.30 7.2 16.47 14.5 Euro (EUR) 9.70 39 18.67 34 Japanese Yen (JPY) 0.08 6.5 0.15 8.4 Chinese Yuan (CNY) 1.08 186.5 2.39 245.5 QUESTION 20 Using 2020 as the base year, calculate the Laspeyres Price Index for 2020. A. 100.38% B. 230.97% C. 125.97% D. 204.40% (4 marks) QUESTION 21 (4 marks) Using 2020 as the base year, calculate the Paasches Quantity Index for 2020. A 113.00% B. 125.97% C. 208.36% D. 90.21% QUESTION 22 (4 marks) Using 2020 as the base year, calculate the Laspeyres Quantity Index for 2020. A. 208.36% B. 110.85% C. 204.40% D. 184.39% S 人 t ་ 62 ENG US
g 5 } Q Using the information provided below, answer questions 20 - 22. INFORMATION The data in the table below represents the trade between South Africa and four major trading partners in their respective currencies during the twelve months of 2010 and 2020. Major Currency 2010 2020 Exchange Rate, R Trade volume, (in Billions of foreign Exchange Rate, R Trade volume, (in Billions of foreign currency) currency) US Dollar (US$) 7.30 7.2 16.47 14.5 Euro (EUR) 9.70 39 18.67 34 Japanese Yen (JPY) 0.08 6.5 0.15 8.4 Chinese Yuan (CNY) 1.08 186.5 2.39 245.5 QUESTION 20 Using 2020 as the base year, calculate the Laspeyres Price Index for 2020. A. 100.38% B. 230.97% C. 125.97% D. 204.40% (4 marks) QUESTION 21 (4 marks) Using 2020 as the base year, calculate the Paasches Quantity Index for 2020. A 113.00% B. 125.97% C. 208.36% D. 90.21% QUESTION 22 (4 marks) Using 2020 as the base year, calculate the Laspeyres Quantity Index for 2020. A. 208.36% B. 110.85% C. 204.40% D. 184.39% S 人 t ་ 62 ENG US
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter7: Integration
Section7.CR: Chapter 7 Review
Problem 88CR
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Transcribed Image Text:g
5
}
Q
Using the information provided below, answer questions 20 - 22.
INFORMATION
The data in the table below represents the trade between South Africa and four major trading partners in their respective
currencies during the twelve months of 2010 and 2020.
Major Currency
2010
2020
Exchange Rate, R
Trade volume,
(in Billions of foreign
Exchange Rate, R
Trade volume,
(in Billions of foreign
currency)
currency)
US Dollar (US$)
7.30
7.2
16.47
14.5
Euro (EUR)
9.70
39
18.67
34
Japanese Yen (JPY)
0.08
6.5
0.15
8.4
Chinese Yuan (CNY)
1.08
186.5
2.39
245.5
QUESTION 20
Using 2020 as the base year, calculate the Laspeyres Price Index for 2020.
A. 100.38%
B. 230.97%
C. 125.97%
D. 204.40%
(4 marks)
QUESTION 21
(4 marks)
Using 2020 as the base year, calculate the Paasches Quantity Index for 2020.
A 113.00%
B. 125.97%
C. 208.36%
D. 90.21%
QUESTION 22
(4 marks)
Using 2020 as the base year, calculate the Laspeyres Quantity Index for 2020.
A. 208.36%
B. 110.85%
C. 204.40%
D. 184.39%
S
人
t
་
62
ENG
US
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