Question: Consider the following price relatives and quantity information for grain production in Iowa (Census Bureau website, March 19, 2009). What is the 2007 weighted aggregate

Consider the following price relatives and quantity information for grain production in Iowa (Census Bureau website, March 19, 2009).
Consider the following price relatives and quantity information for grain

What is the 2007 weighted aggregate price index for the Iowa grains?

1991 Quantitles (millons of bushels) 1427 350 Base Prlce per Bushel (S) 2.30 5.51 1991-2007 Price Relatives 173.9 197.8 Hili Product Corn Soybeans

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