The general price index given the following items of information is : Group of items Cereals Other Fuel and House Clothing Misc. Food Light Group price index Average expenditure per household per month (Rs.) 135 152 124 148 107 139 61 73 19 41 26 82 (A) 128.86 (B) 138.86 (С) 198.86 (D) 158 86

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter12: Sequences, Series And Binomial Theorem
Section12.3: Geometric Sequences And Series
Problem 12.58TI: What is the total effect on the economy of a government tax rebate of $500 to each household in...
icon
Related questions
Question
100%
47. The general price index given the following items of information is :
Group of items
Cereals
Other
Fuel and
Нouse
Clothing
Misc.
Food
Light
Group price index
Average expenditure
per household per
month (Rs.)
135
152
124
148
107
139
61
73
19
41
26
82
(A) 128.86
(B) 138.86
(С) 198.86
(D) 158.86.
Transcribed Image Text:47. The general price index given the following items of information is : Group of items Cereals Other Fuel and Нouse Clothing Misc. Food Light Group price index Average expenditure per household per month (Rs.) 135 152 124 148 107 139 61 73 19 41 26 82 (A) 128.86 (B) 138.86 (С) 198.86 (D) 158.86.
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Similar questions
Recommended textbooks for you
Intermediate Algebra
Intermediate Algebra
Algebra
ISBN:
9780998625720
Author:
Lynn Marecek
Publisher:
OpenStax College
Algebra: Structure And Method, Book 1
Algebra: Structure And Method, Book 1
Algebra
ISBN:
9780395977224
Author:
Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:
McDougal Littell
College Algebra (MindTap Course List)
College Algebra (MindTap Course List)
Algebra
ISBN:
9781305652231
Author:
R. David Gustafson, Jeff Hughes
Publisher:
Cengage Learning