Use the following information for the three grains. $$\begin{array} { l c c c c }
& \text { Price } & 1990 \text { Quantity } & \text { Price } & 2000 \text { Quantity } \
\text { Rice } & 30 & 2 & 35 & 1 \
\text { Wheat } & 25 & 3 & 30 & 2 \
\text { Oats } & 20 & 4 & 25 & 3
\end{array}$$
-Calculate the year 2000 simple price index for each grain separately.

Question

Use the following information for the three grains. $$\begin{array} { l c c c c } 
& \text { Price } & 1990 \text { Quantity } & \text { Price } & 2000 \text { Quantity } \
\text { Rice } & 30 & 2 & 35 & 1 \
\text { Wheat } & 25 & 3 & 30 & 2 \
\text { Oats } & 20 & 4 & 25 & 3
\end{array}$$
-Calculate the year 2000 simple price index for each grain separately.

Quizplus · Accepted Answer

The Answer of Use the following information for the three grains. $$\begin{array} { l c c c c } 
& \text { Price } & 1990 \text { Quantity } & \text { Price } & 2000 \text { Quantity } \
\text { Rice } & 30 & 2 & 35 & 1 \
\text { Wheat } & 25 & 3 & 30 & 2 \
\text { Oats } & 20 & 4 & 25 & 3
\end{array}$$
-Calculate the year 2000 simple price index for each grain separately.

Use the Following Information for the Three Grains -Calculate the Year 2000 Simple Price Index for Each Grain