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For an Index Number of an Average Quantity or Price

Question 57

Multiple Choice

For an index number of an average quantity or price, the weights used must add up to 1 for


A) neither a proportional- weights index nor an unweighted index.
B) price indexes only.
C) a proportional- weights index but not an unweighted index.
D) an unweighted index but not a proportional- weights index.
E) both a proportional- weights index and an unweighted index.

Correct Answer:

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