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    Statistics for Business and Economics Study Set 3
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    Exam 20: Index Numbers
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    A Composite Price Index Based on the Prices of a Group
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A Composite Price Index Based on the Prices of a Group

Question 22

Question 22

Multiple Choice

A composite price index based on the prices of a group of items is known as the


A) Group price relative.
B) Aggregate price index.
C) Laspeyres index.
D) Paasche index.

Correct Answer:

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