TABLE 16-2
Given below are the prices of a basket of four food items from 2006 to 2010.

-Referring to Table 16-2, what are the simple price indices for wheat, corn, soybeans and milk, respectively, in 2008 using 2006 as the base year?

Question

TABLE 16-2
Given below are the prices of a basket of four food items from 2006 to 2010.
 
-Referring to Table 16-2, what are the simple price indices for wheat, corn, soybeans and milk, respectively, in 2008 using 2006 as the base year?

Quizplus · Accepted Answer

The Answer of TABLE 16-2
Given below are the prices of a basket of four food items from 2006 to 2010.
 
-Referring to Table 16-2, what are the simple price indices for wheat, corn, soybeans and milk, respectively, in 2008 using 2006 as the base year?

TABLE 16-2 Given Below Are the Prices of a Basket of Four