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    Statistical Techniques
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    Exam 17: Index Numbers
  5. Question
    A Monthly Price Index That Describes the Changes in Prices
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A Monthly Price Index That Describes the Changes in Prices

Question 2

Question 2

Multiple Choice

A monthly price index that describes the changes in prices from one period to another for a "market basket" of goods and services is known as the ________.


A) Laspeyres index
B) Deflator index
C) Consumer Price Index
D) Paasche index

Correct Answer:

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