Multiple Choice
Data for selected vegetables purchased at wholesale prices for 1995 and 2000 are shown below. 
What is the interpretation of Laspeyres' price index?
A) Prices rose 98.4%B. Prices declined 1.6%
B) Prices rose 7.0%
C) Prices rose 8.0%
D) Prices rose 15.6%
Correct Answer:
Verified
Correct Answer:
Verified
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