Question: Coffees Donuts Chocolate bars Quantity Price Quantity Price Quantity Price 2000 234 1 222 1.05 150 1.25 2001 456 1.25 305 1.1 180 1 2002

Coffees Donuts Chocolate bars Quantity Price Quantity Price Quantity Price 2000 234 1 222 1.05 150 1.25 2001 456 1.25 305 1.1 180 1 2002 478 1.15 256 2 250 0.75 Given the numbers in the table above and if the base year is 2000, a.What is the Lasperyes price index for the year 2000 2001 and 2002 b. Compute the Paasche price index for the year 2000 2001 and 2002 c. Using the values of the Paasche price index, what is the inflation value for 2001 and 2002 d. Using part c, what is the arithmetic mean and the geometric mean of the inflation

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