Question

. Using the following data
the Paasche's formula for index is:
(a) 125.38
(b) 147.25
(c) 129.8
(d) None of these​

Answer 1

Answer:

Using the following data

the Paasche's formula for index is:

(a) 125.38

(b) 147.25✔

(c) 129.8

(d) None of these

Step-by-step explanation:

Pi,0 is the price of the individual item at the base period and Pi,t is the price of the individual item at the observation period. Qi,t is the quantity of the individual item at the observation period.