Question: Determine a value index for 2013 using 1990 as the baseperiod. Price Quantity Item Aluminum (cents per pound) Natural gas (1,000 cu. ft.) Petroleum (barrel

Determine a value index for 2013 using 1990 as the baseperiod.

Price Quantity Item Aluminum (cents per pound) Natural gas (1,000 cu. ft.) Petroleum (barrel Platinum (troy ounce) 1990 $ 0.287 0.17 1990 1,000 5,000 60,000 500 2013 1,200 4,000 60,000 600 2013 $ 0.76 2.50 3.18 26.00 490.00 133.00

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