From the data given below ,Calculate Quantity Index no for 2010 with 2003 base year by: (a) Laspeyre s Method - Economics - Open Economy Macroeconomics

Question

From the data given below ,Calculate Quantity Index no for 2010
with 2003 base
year by:
(a) Laspeyre?s Method
(b) Paasche?s Method
(c) Fisher?s Method
Commodity Base
Year(2003)
Current
Year(2010)
Price Quantity Price Quantity
A 10 4 12 6
B 15 4 16 5
C 10 5 12 5
D 18 6 20 5
E 25 4 30 4

Decoder_10 · Accepted Answer

From the data given below ,Calculate Quantity Index no.for 2010 with 2003 base year by: (a) Laspeyre?s Method (b) Paasche?s Method (c) Fisher?s Method Commodity Base Year(2003) Current Year(2010) Price Quantity Price Quantity A 10 4 12 6 B 15 4 16 5 C 10 5 12 5 D 18 6 20 5 E 25 4 30 4

From the data given below ,Calculate Quantity Index no.for 2010 with 2003 base
year by:
(a) Laspeyre?s Method
(b) Paasche?s Method
(c) Fisher?s Method
Commodity Base
Year(2003)
Current
Year(2010)
Price Quantity Price Quantity
A 10 4 12 6
B 15 4 16 5
C 10 5 12 5
D 18 6 20 5
E 25 4 30 4