A weighted aggregate price index where the weight for each item i… - Vidyadip

MCQ

A weighted aggregate price index where the weight for each item is its currentperiod quantity is called the

A
Laspeyres Index
✓
Paasche Index
C
Consumer Price Index
D
Aggregate index

✓

Answer

Correct option: B.

Paasche Index

(b) Paasche Index
Explanation: IIt's as per definition of Paache's index number.

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