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TABLE 16-1 Given Below Are the Average Prices for Three Types of Types

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TABLE 16-1
Given below are the average prices for three types of energy products for five consecutive years. TABLE 16-1 Given below are the average prices for three types of energy products for five consecutive years.   -Referring to Table 16-1, what is the Laspeyres price index for the group of three energy items in year 3 for a family that consumed 15 units of electricity, 24 units of natural gas and 200 units of fuel oil in year 1 using year 1 as the base year?
-Referring to Table 16-1, what is the Laspeyres price index for the group of three energy items in year 3 for a family that consumed 15 units of electricity, 24 units of natural gas and 200 units of fuel oil in year 1 using year 1 as the base year?


Definitions:

Risk For Injury

A potential hazard that may result in harm or damage to an individual.

Electrical Shock

A sudden and often dangerous flow of electric current through the body or a part of it.

Hair Dryer

An electrical device used to dry and style hair by blowing hot air.

Defibrillate

The act of delivering a therapeutic dose of electrical energy to the heart to treat life-threatening cardiac dysrhythmias, restoring a normal heartbeat.

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