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    Statistics
  3. Study Set
    Statistical Techniques
  4. Exam
    Exam 17: Index Numbers
  5. Question
    Data for Fuel Oil and Gasoline Purchased at Wholesale Prices
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Data for Fuel Oil and Gasoline Purchased at Wholesale Prices

Question 3

Question 3

Multiple Choice

Data for fuel oil and gasoline purchased at wholesale prices for 2006 and 2010 are shown in the following table. Data for fuel oil and gasoline purchased at wholesale prices for 2006 and 2010 are shown in the following table.   What is the Laspeyres price index? A) 116.45 B) 116.72 C) 116.67 D) 131.56 What is the Laspeyres price index?


A) 116.45
B) 116.72
C) 116.67
D) 131.56

Correct Answer:

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