Compare this answer to your answers to parts a and d what


Suppose that Abby is equally happy eating red or green apples. How much has the true cost of living increased for Abby? Compare this answer to your answers to parts (a) and (d). What does this example tell you about Laspeyres and Paasche price indexes?

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Econometrics: Compare this answer to your answers to parts a and d what
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