From the information provided below, calculate the Laspeyres and Paasche price indexes. $$\begin{array} { c c c c c }
& \text { Quantity of X } & \text { Price of X } & \text { Quantity of } Y & \text { Price of } Y \
1990 \text { (base) } & 2 & \$ 1 & 2 & \$ 2 \
1991 & 1 & \$ 2 & 3 & \$ 3
\end{array}$$

Question

From the information provided below, calculate the Laspeyres and Paasche price indexes. $$\begin{array} { c c c c c } 
& \text { Quantity of X } & \text { Price of X } & \text { Quantity of } Y & \text { Price of } Y \
1990 \text { (base) } & 2 & \$ 1 & 2 & \$ 2 \
1991 & 1 & \$ 2 & 3 & \$ 3
\end{array}$$

Quizplus · Accepted Answer

The Answer of From the information provided below, calculate the Laspeyres and Paasche price indexes. $$\begin{array} { c c c c c } 
& \text { Quantity of X } & \text { Price of X } & \text { Quantity of } Y & \text { Price of } Y \
1990 \text { (base) } & 2 & \$ 1 & 2 & \$ 2 \
1991 & 1 & \$ 2 & 3 & \$ 3
\end{array}$$

From the Information Provided Below, Calculate the Laspeyres and Paasche