Question : Roberto a senior citizen who consumes food and health care. : 4713

Roberto is a senior citizen who consumes food and health care. When he retired in 2002, hehe consumed 90 meals and 3 medical checkups per month. Suppose in 2002 that the price of a meal was $10 and the price of a medical checkup was $79. However, in 2012, the price of a meal is $11 and the price of a medical checkup is $317. As a result, Roberto consumes 100 meals and 2 medical checkups per month. Calculate a Laspeyres cost-of-living index for Roberto using 100 as the base in 2002. In particular, the Laspeyres index for 2012 is nothing.