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06-06-2023
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Question 16 Evaluate the Laspeyres quantity index for 2019 using 1995 as base year for the above data. A. 162.2 B. 99.3 C. 94.6 D. 154.4 Question 17 Evaluate the Laspeyres price index for 2019 using 1995 as base year for the above data. A. 162.2 B. 99.3 C. 94.6 D. 154.4
The following table shows the prices and consumption quantities of 3 commodities in 1995 and 2009. Commodity 1995 2009 Price Quantity Price Quantity
A 2 20 3 21
B 18 3 36 2
C 3 18 4 23

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