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Which of the Following Statements About the Composition of Price

Question 37

Multiple Choice

Which of the following statements about the composition of price indices is NOT true?


A) The Paasche index is calculated with current-year prices.
B) The Paasche index is calculated with base-year quantities for the bundle.
C) The Laspeyres index is calculated with current-year prices.
D) The Laspeyres index is calculated with base-year quantities for the bundle.

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