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[Solution] Prices for selected foods for 2000 and 2009 are given in the following table. Compute the simple price index for Cabbage using 2000 as the base

Question: Prices for selected foods for 2000 and 2009 are given in the following table. (10 points)

  1. Compute the simple price index for Cabbage using 2000 as the base period. (1)
  2. Compute the simple aggregate price index using 2000 as the base period. (1)
  3. Compute the Laspeyres price index for 2009 using 2000 as the base period. (2)
  4. Compute the Paasches index for 2009 using 2000 as the base period. (2)
  5. Compute the Fishers Ideal index for 2009 using 2000 as the base period. (2)
  6. Determine a value index for 2009 using 2000 as the base period. (2)

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