Calculate the consumer price index number for 2015 on the basis of 2000 fromthe following data by using (i) the Aggregate expenditure method (ii) the familybudget (or) weighted relatives method.Price_--,CommodityQuantity20002015Wheat201520ReRice8.2024Ghee2160200Sugar44040

Given that We have to calculate Consumer Price Index number for 2015 on the basis of 2000 from the…

Answered: Calculate the consumer price index…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Calculate the consumer price index number for 2015 on the basis of 2000 from he following data by using (i) the Aggregate expenditure method (ii) the family pudget (or) weighted relatives method. Price_- Commodity Quantity 2000 2015 Wheat 20 15 20 Rice 8. 20 24 Ghee 2 160 200 Sugar 4 40 40