The following table reports prices and usage quantities for two items in 2009 and 2011. (Round your answers to the nearest integer.) Quantity Unit Price ($) Item 2009 2011 2009 2011 A 1,500 1,600 7.50...

The following table reports prices and usage quantities for two items in 2009 and 2011. (Round your answers to the nearest integer.)<br>Quantity<br>Unit Price ($)<br>Item<br>2009<br>2011<br>2009<br>2011<br>A<br>1,500<br>1,600<br>7.50<br>7.45<br>B<br>4<br>630.00<br>1,500.00<br>(a) Compute price relatives for each item in 2011 using 2009 as the base period.<br>Item<br>Price Relative<br>A<br>В<br>(b) Compute an unweighted aggregate price index for the two items in 2011 using 2009 as the base period.<br>2011 -<br>(c) Compute a weighted aggregate price index for the two items using the Laspeyres method using 2009 as the base period.<br>I2011 =<br>(d) Compute a weighted aggregate price index for the two items using the Paasche method using 2009 as the base period.<br>I2011 =<br>

Extracted text: The following table reports prices and usage quantities for two items in 2009 and 2011. (Round your answers to the nearest integer.) Quantity Unit Price ($) Item 2009 2011 2009 2011 A 1,500 1,600 7.50 7.45 B 4 630.00 1,500.00 (a) Compute price relatives for each item in 2011 using 2009 as the base period. Item Price Relative A В (b) Compute an unweighted aggregate price index for the two items in 2011 using 2009 as the base period. 2011 - (c) Compute a weighted aggregate price index for the two items using the Laspeyres method using 2009 as the base period. I2011 = (d) Compute a weighted aggregate price index for the two items using the Paasche method using 2009 as the base period. I2011 =

Jun 08, 2022

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The following table reports prices and usage quantities for two items in 2009 and 2011. (Round your answers to the nearest integer.) Quantity Unit Price ($) Item 2009 2011 2009 2011 A 1,500 1,600 7.50...

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