Instruction 14-21
Given Below Are the Average Prices for Three

question 136

Short Answer

Instruction 14-21
Given below are the average prices for three types of energy products in Australia from 2006 to 2010.
$$\begin{array} { | l | c | c | c | } \hline \text { Year } & \text { Electricity } & \text { Natural Gas } & \text { Fuel Oil } \\\hline 2006 & 43.205 & 25.893 & 0.892 \\\hline 2007 & 16.959 & 28.749 & 0.969 \\\hline 2008 & 47.202 & 28.933 & 1.034 \\\hline 2009 & 48.874 & 29.872 & 0.913 \\\hline 2010 & 48.693 & 28.384 & 0.983 \\\hline\end{array}$$
-Referring to Instruction 14-21,what is the Paasche price index for the group of three energy items in 2010 for a family that consumed 13 units of electricity,26 units of natural gas and 235 units of fuel oil in 2010 using 2006 as the base year?

---

Definitions:

Slum Areas

Highly populated urban residential areas, typically characterized by poor quality housing and sanitary conditions.

Virtual Property

Rights in digital items, such as in-game items or digital assets, that can have real-world value.

Pre-nuptial Agreement

A legal document entered into before marriage, outlining the distribution of assets and financial arrangements in case of divorce or death.

Property Division

The legal process of dividing assets and debts among parties during the dissolution of a marriage or partnership.