Consider the table of prices (£): Turnip Broccoli 2016 10 12 2017 2018 14 18 13 17 The fixed quantities for turnip and broccoli are 26.5kg and 27.8kg, respectively. What is the aggregated index using the Basket of Goods approach in 2018 based in 2017? (1 d.p.)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter7: Percents
Section: Chapter Questions
Problem 46CR
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Consider the table of prices (£):
Turnip
Broccoli
2016
10
12
2017
2018
14
18
13
17
The fixed quantities for turnip and broccoli are 26.5kg and 27.8kg, respectively. What is
the aggregated index using the Basket of Goods approach in 2018 based in 2017? (1 d.p.)
Transcribed Image Text:Consider the table of prices (£): Turnip Broccoli 2016 10 12 2017 2018 14 18 13 17 The fixed quantities for turnip and broccoli are 26.5kg and 27.8kg, respectively. What is the aggregated index using the Basket of Goods approach in 2018 based in 2017? (1 d.p.)
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