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Table 1: GDP Country X: 2020
Cars
Restaurant Meals
Price
$25,000
$20
Quantity
10
10,000
Table 2: GDP Country X: 2030
$60,000
$120
20
5,000
a.. Calculate the Laspeyres Index between 2020 and 2030?
b. Calculate the Paasche Price Index between 2020 and 2030?
c. Calculate the Fisher Price Index between 2020 and 2030?
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