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Ren Tianyu Ren Tianyu
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4 years ago




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Educator
4 years ago
Hi Ren Tianyu

Sorry for the late reply.

One rule we have @ the forum is that you type in the whole question. Next question do that, anyway, here's the answer:

The price of carrots per kilogram is given in the table below for several years, as is the corresponding CPI.
a. Compute a nominal price index for carrots using 2000 as the base period.
b. Re-compute the CPI using 2000 as the base year.
c. Construct a real price index for carrots.



Answer:



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