Using 2014 as the base period, compute a simple price index for each of the following commodities. Interpret your results 2014 2015 Milk $2.37 $2.47 $83.97 $93.97 Bus pass Clothing $1658.82 $1583.94
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- A Laspeyres price index for each year?5. the current price index number is whatcalculate the percent change in the U.S. national debt from March, 2020 to June, 2020 and compare it to the percent change in the U.S. national debt just before, from December, 2019 to March, 2020, and just after, from June, 2020 to September 2020. Write all your work here. in billion US dollars (march2020 23,686.87) (June2020 26,477.24)(Sep2020 26,945.39) (December 2019 23,223.81)
- Betts Electronics purchases three replacement parts for robotic machines used in its manufacturing process. Information on the price of the replacement parts and the quantity purchased is given here. Compute Laspeyres' price index for 2018 using 2010 as the base period. (Round your answer to 2 decimal places.)A real estate agent agrees to sell a large apartment complex according to the following commission schedule: $45,000 plus 25% of the selling price in excess of $900,000. Assuming that the complex will sell at some price between $900,000 and $1,100,000, inclusive, over what range does theagent’s commission vary? How does the commission vary as a percent of selling price?From the following data, find the 2019 Net Sales index number (as a %), using 2015 as the base year. (Round to the nearest tenth percent.) *chart attached with information*