Question: Using 2020 as the base year calculate the volume index using the various methods for 2021 and 2022: 1. Basic Expenditure index for 2021 2.

Using 2020 as the base year calculate the volume index using the various methods for 2021 and 2022:

1. Basic Expenditure index for 2021

2. Basic Expenditure index for 2022

3. Laspeyre's index for 2021

4. Laspeyre's index for 2022

5. Paasche's index for 2021

6. Paasche's index for 2022

GDP Growth Calculation Information
2020 2021 2022
Commodity weights Price Quantity Price Quantity Price Quantity
A 12% R 1 485,00 726 R 1 497,00 1423 R 1 698,00 1949
B 17% R 1 110,00 132 R 1 077,00 137 R 1 497,00 180
C 54% R 311,00 770 R 724,00 559 R 379,00 489
D 7% R 1 644,00 1412 R 881,00 1660 R 882,00 1075
E 4% R 1 185,00 1321 R 1 720,00 795 R 2 718,00 560
F 6% R 521,00 728 R 836,00 1624 R 1 019,00 799

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