You're given the following information about four items.
2000 2006
Item Price Quantity Price Quantity
A $ 2.00 3 $ 5.75 8
B 0.80 20 1.25 10
C 22.00 4 35.00 3
D 7.00 2 15.00 1
a. Compute the price relative index for each item, using 2000 as the base year.
b. Compute the unweighted aggregate price index.
c. Compute a Laspeyres index.
d. Compute a Paasche index.
e. Develop a weighted aggregate quantity index using 2000 as the base year and price as the weight.