InterviewSolution
Saved Bookmarks
| 1. |
Given the following data and taking 2004 as the base year, construct index of prices using:(i) Laspeyre's Method, (ii) Paasche's Method, and (iii) Fisher's Method. Year Commodities A B C D Price Quantity Price Quantity Price Quantity Price Quantity 2004 2017 24 30 8 10 9 10 3 4 16 20 5 8 10 9 3 4 |
||||||||||||||||||||||||||||||||||
|
Answer» Given the following data and taking 2004 as the base year, construct index of prices using: (i) Laspeyre's Method, (ii) Paasche's Method, and (iii) Fisher's Method.
|
|||||||||||||||||||||||||||||||||||