Which of the Following Statements Is Correct

Short Answer

Which of the following statements is correct? $\begin{array}{|l|l|}\hline A&\text { The Paasche price index uses current period quantities as weights. }\\\hline B&\text { The Laspeyres price index uses current period quantities as weights.}\\\hline C&\text { The Paasche price index uses base period quantities as weight.}\\\hline D&\text { The Laspeyres price index uses base period prices as weights.}\\\hline \end{array}$