Question: please do it correctly will upvote II. The table shows changes in the price index for all 5 sectors of an economy. 2020 2021 Sector

please do it correctly will upvote II. The table shows changes

please do it correctly will upvote

II. The table shows changes in the price index for all 5 sectors of an economy. 2020 2021 Sector Index Weight Index Weight (%) (%) Foodstuff 100 24 107.8 22 Transport 100 17 110.1 19 Clothing 100 9 95.3 11 Housing 100 34 120.2 35 Health and 100 16 111.6 13 Education a. Calculate the consumer price index (CPI) for 2021 using the Laspeyres model. (3 marks) b. Calculate the CPI for 2021 using the Paasche model

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