excuse my ignorance, but is there a definition or method/formula for calculating the cost of living index?
PLEASE CHECK ATTACHED FILE FOR MORE INFORMATION
PLEASE HELP ME. THANKS IN ADVANCE.
CALCULATE COST OF LIVING INDEX FROM THE FOLLOWING INFORMATION:
COMMODITIES: Percentage of Expenditure: Prices:
2009: 2010:
A 35 150 145
B 10 25 23
C 20 75 65
D 15 30 30
E 20 40 45