DAC3345 2020 2020 2022 2022 ITEM PRICE (R) QUANTITY PRICE (R) QUANTITY X 100 200 150 250 Y 40 60 70 80 Z 20 90 40 110 Using 2020 as the base year, the Laspeyre's price index for this basket of items is: A 158.7% B. 156.2% C 152.8% D. 149.1%
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- FORCASTING Month Time QJan 1 46Feb 2 56Mar 3 72Apr 4 67May 5 77Jun 6 66Jul 7 69Aug 8 79Sep 9 88Oct 10 91Nov 11 94Dec 12 104Jan ?Feb ? Make a forecast of the demand for the month of January and February00 ASAP PLZZSuppose that the graph illustrates the market demand for soda per month with an equilibrium price of $3.00 and equilibrium quantity of 4,000 sodas. Please indicate on the graph the effects of excess inventories that lower the price by $2 and place point A at the new equilibrium. Price (5) 6.0 5.0 4.0 3.0 2.0 1.0 0.0 O 3.0 4. N Demand 4,0 5 4 Quantity (thousands)
- I Consider the demand for trading cards listed below. Month Demand Jan. 51,000 48,000 Feb. March 55,000 April May 58,000 66,000 June 69,000 80,000 July Aug. 95,000 Use Excel to prepare a forecast for September, October, and November using linear regression Print out the sheet of results, as well as a sheet containing the formulas that you used ( can be used to toggle between displaying values and displaying formulas or you can click on Formulas>Formula Auditing→Show Formulas.) and for the cars is 16.000Calculate price index number of the year 1996 with 1986 as base year from the following data by using (i) Laspeyres (ii) Passches (iii) Fishers formula Commodity 1986 unit price A KG 10 B KG 12 C METER 15 D PACKETS 9 value quantity value 1500 160 1760 1080 100 1300 900 60 960 450 40 480Ques 8and 9 please
- Q6The country of Caspir produces only cereal and milk. Quantities and prices of these goods for the last several years are shown below. The base year is 2008. Prices and Quantities Year Price of Cereal Quantity of Price of Milk Quantity of Milk Cereal 2008 $4.00 90 $1.50 150 2009 $4.00 100 $2.00 180 2010 $5.00 120 $2.50 200 2011 $6.00 150 $3.50 200 Refer to Table 10-4. In 2008, this country's a. nominal GDP was greater than real GDP, and the GDP deflator was greater than 100. b. nominal GDP was equal to real GDP, and the GDP deflator was equal to 1. c. nominal GDP was less than real GDP, and the GDP deflator was less than 100. d. nominal GDP was equal to real GDP, and the GDP deflator was equal to 100,With in 1 or 2 percentage points, what has the U.S. inflation rate been during the last 20 years? Draw a graph to show the data.The table below gives the price and consumption (usage/sales) for two products xand yfor four years. Using year 2000 as the base year calculate for each year, thea) Basic expenditure index b) Laspeyers price index, and c) Paasche price index
- The table given below reports the price of soda over four consecutive years.Table 5.7 Price Data Year Base-Year Soda Price Current Soda Price 1 (base year) $0.30 $0.30 2 $0.30 $0.45 3 $0.30 $0.55 4 $0.30 $0.65 Refer to Table 5.7. Compute the price index for the third year. Group of answer choices 100 150 130 118 183G.309.(a) Explain briefly the steps in the construction of consumer price index number. (b) The workers of agriculture Farm claim that there has been significant increase in the cost of living in there locality in the last two years hence they wish to be awarded a pay increase. They have further provided the management with the following data showing prices and weights of five important basic commodities. Calculate the aggregate price index. Commodity weight Year 2017 Year 2019 Price A 2 20 27 B 2 30 43 C 4 10 15 D 5 15 23 E 3 22 25