1.

Calculate the simple aggregative price index and interpret it for the following: Commodities1980 Price2017 PriceCoffee (per cup)0.201.51Milk (per gallon)1.603.35Burger0.444.42Jeans2763Movie ticket1.9213 All prices are in dollars.

Answer»

Calculate the simple aggregative price index and interpret it for the following:

Commodities1980 Price2017 PriceCoffee (per cup)0.201.51Milk (per gallon)1.603.35Burger0.444.42Jeans2763Movie ticket1.9213

All prices are in dollars.




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