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If We Calculate the Real GDP Using the Initial Period's

Question 60

Multiple Choice

If we calculate the real GDP using the initial period's prices,we are using a __________ index.If,instead,we use the final period's prices,we are using a __________ index.


A) Paasche;chain-weighted
B) Laspeyres;chain-weighted
C) Laspeyres;Paasche
D) Paasche;Laspeyres
E) chain-weighted;Paasche

Correct Answer:

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