Evaluate the Paasche Price index for 2020 using 2010 as the base year for the above data. A. 117.7 В. 120.1 С. 138.9 D. 141.8 Question 22 Evaluate the Laspeyres Quantity index for 2020 using 2010 as the base year for the above data. A. 117.7 B. 120.1 С. 138.9 D. 141.8 Act

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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The prices and consumptions of basic goods in years 2010 and 2020 are given in the following table.
2010
2020
Unit Price
Quantities (kg)
Unit Price
Quantities (kg)
(Rands)
(Rands)
Flour
15
62
26
78
Sugar
12
15
19
22
Maize meal
14
80
15
85
Transcribed Image Text:The prices and consumptions of basic goods in years 2010 and 2020 are given in the following table. 2010 2020 Unit Price Quantities (kg) Unit Price Quantities (kg) (Rands) (Rands) Flour 15 62 26 78 Sugar 12 15 19 22 Maize meal 14 80 15 85
Evaluate the Paasche Price index for 2020 using 2010 as the base year for the above data.
A. 117.7
В. 120.1
C. 138.9
D. 141.8
Question 22
Evaluate the Laspeyres Quantity index for 2020 using 2010 as the base year for the above data.
A. 117.7
В. 120.1
С. 138.9
D. 141.8
Act
Transcribed Image Text:Evaluate the Paasche Price index for 2020 using 2010 as the base year for the above data. A. 117.7 В. 120.1 C. 138.9 D. 141.8 Question 22 Evaluate the Laspeyres Quantity index for 2020 using 2010 as the base year for the above data. A. 117.7 В. 120.1 С. 138.9 D. 141.8 Act
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