MrdTap . Cengage le O s Your Booky × Y0 Current Electricity-EleG3 so ng engage c

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MrdTap . Cengage le O s Your Booky × Y0 Current Electricity-EleG3 so ng engage com/static/nt/u /index.html?nbld-616461&nt; Nodeld-226240007&deploymentld-48700721864; .180 alendarad coupons-off c Apps Anggested Sites DCCPS "Feth Grade Social St. Anrnal and Plant Cel 02017 MINDTAP ewnCempe plia Homework: Macroeconomic Measurements, Part I: Prices and Unemployment Due Today at 1159 PM EDT Perform these same calculations for 2011 and 2012, and enter the results in the following table 2010 2011 2012 Price Cost Cost Price Cost Quantity in Basket (Dollars) (Dollars) (Dollars) (Dollars) (Dollars) (Dollars) Notebooks Calculators Large coffees Energy drinks Textbooks Total cost Price index 10 20 50 54 75 200 100 10 200 1,000 1,470 100 100 120 150 Suppose the base year for this price index is 2010. In the last row of the table, calculate and enter the value of the cspI for the remaining years Between 2010 and 2011, the CSPI increased by Between 2011 and 2012, the CSPI increased by Grade it Now 0

Explanation / Answer

2010 2011 2012 Items Quantity Price Cost Price Cost Price Cost Notebooks 10 2 20 1 10 3 30 Calculators 1 50 50 54 54 75 75 Large Coffees 200 1 200 1 200 1 200 Energy drinks 100 2 200 3 300 4 400 Textbooks 10 100 1000 120 1200 150 1500 1470 1764 2205 CSPI 100 120 150 Between 2010 and 2011 CSPI increased by 20% and between 2011 and 2012 it increased by 30%.

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