Multiple Choice
Which of the following statements is correct?
A) The Paasche price index uses current period quantities as weights.
B) The Laspeyres price index uses current period quantities as weights.
C) The Paasche price index uses base period quantities as weight.
D) The Laspeyres price index uses base period prices as weights.
Correct Answer:
Verified
Correct Answer:
Verified
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