The following data are for a basket of three consumption goods used to measure the rate of inflation:
| Goods | Prior Year | Current Year | ||
| Quantity | Price | Quantity | Price | |
| 5 lb. bag sugar | 150 bags | $3.12 | 180 bags | $2.92 |
| 5 lb. bag flour | 800 bags | $2.18 | 750 bags | $3.12 |
| Frozen pizza (each) | 250 | $2.90 | 250 | $3.00 |
Using the consumption basket for the current year, the Paasche Index is closest to:
The Paasche Index uses the current composition of the basket.
