Suppose seafood price and quantity data for the years 2000 and 2009 follow. Use 2000 as the base period. Seafood 2000 Qty. (lb) 2000 Price ($/lb) 2009 Price ($/lb) Halibut 75,190 2.01 2.23 Lobster 83,180 3.52 3.09 Tuna 50,779 1.87 1.97 (a) Compute a price relative for each type of seafood. (Round your answers to one decimal place.) Seafood Price Relative Halibut ? Lobster ? Tuna ? (b)Compute a weighted aggregate price index for the seafood catch. (Round your answer to one decimal place.) I2009 = ?? Comment on the change in seafood prices over the nine-year period. (Enter your percentage as a positive value. Round your answer to one decimal place.) Seafood prices have   decreased   by (???) % over the 9-year period according to the index.

From the data given below compute quantity index for 1983 Price in 1982 (Rs.) 10 20 30 30 Quantity in 1982 100 150 200 150 Commodity 1983 150 200 250 200 ABCD

Suppose seafood price and quantity data for the years 2000 and 2009 follow. Use 2000 as the base period. 2000 2000 2009 Seafood Qty. (Ib) Price ($/lb) Price ($/lb) Halibut 75,190 2.01 2.33 Lobster 83,080 3.62 3.09 Tuna 50,779 1.87 1.97 (a) Compute a price relative for each type of seafood. (Round your answers to one decimal place.) Seafood Price Relative Halibut Lobster Tuna (b) Compute a weighted aggregate price index for the seafood catch. (Round your answer to one decimal place.) I2009 %D Comment on the change in seafood prices over the nine-year period. (Enter your percentage as a positive value. Round your answer to one decimal place.) Seafood prices hav v ---Select--- |by % over the 9-year period according to the index. increased decreased

Compute the specified quantity. Source: Financial Industry Regulatory Authority (www.finra.org) A 5 year bond costs $10,000 and will pay a total of $4,800 in interest over its lifetime. What is its annual interest rate r (as a percent)? (Round your answer to three decimal places.) % r =