Calculate the index number using both the Aggregate Expenditure Method and Family Budget Method for the year 1973 with 1960 as the base year from the following data. Quantity in Units in 1960 Price per Unit in 1960 (Rs.) Price per Unit in 1973 (Rs.) Commodity 100 8.00 12.00 B. 25 6.00 7.50 10 5.00 5.25 52.00 16.50 D. 20 48.00 25 15.00 9.00 27.00 30
Calculate the index number using both the Aggregate Expenditure Method and Family Budget Method for the year 1973 with 1960 as the base year from the following data. Quantity in Units in 1960 Price per Unit in 1960 (Rs.) Price per Unit in 1973 (Rs.) Commodity 100 8.00 12.00 B. 25 6.00 7.50 10 5.00 5.25 52.00 16.50 D. 20 48.00 25 15.00 9.00 27.00 30
College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter4: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 95E
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