Table 1 Gdp Country X 2017 Cars Restaurant Meals Price 20 000 18 Quantity 9 10 000 T 3345329
Table 1: GDP country X:2017 Cars Restaurant meals Price $20,000 $18 Quantity 9 10,000 Table 2:GDP Country X:2018 Cars Restaurant Meals Price $20,000 $40 Quantity 9 6,000 1. You are interested in calculating real GDP growth in Country X. (Use Table 1 and 2 to answer the following.) a. Calculate the Laspeyres Quantity Index (from 2017 to 2018) b. Calculate the Paasche Quantity Index (from 2017 to 2018) c. Calculate the Fisher Quantity Index (from 2017 to 2018)
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