Compute and interpret the simple price index

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Reference no: EM131798254

Consider the following price data from 2009 to 2011.

2343_Compute and interpret the simple price index.png

a. Compute and interpret the simple price index for each product, using 2009 as the base year.

b. Compute and interpret the unweighted aggregate price index, using 2009 as the base year.

Reference no: EM131798254

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