Exhibit Index
2010

Fixed weight price index?
Exhibition: amount consumed and the price of the Good Year Base Price YearLater good Quantity A100200 A100200 Quantity price of good good good B100100 B100100 d.Compute weight price index set for the campaign later, using the base year quantities in pesos. e.Which price index rises faster, the GDP deflator (a Paasche) index or fixed-weighted index (Laspeyres) index?
d) Laspeyres index (Later years) = (200 * 100 +100 * 100) / (100 * 100 +100 * 100) = = 30,000 / 20,000 = 02.03 = 1.50 Paasche index (Later years) = (200 * 200 +100 * 100) / (100 * 200 +100 * 100) = 50,000 / 30,000 = 5 / 3 ≈ 1.67 e) Laspeyres Paasche> 1.67> 1.50 Paasche rises more quickly.
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