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10-06-2024
Business

Answered

Which of the following statements is true about weighted price indexes?
a. The Laspeyres index uses base-period quantities as weights.
b. The Paasche index tends to underweight goods whose prices have gone down.
c. The Paasche index uses current-period quantities as weights.
a. I only
b. II only
c. I and III
d. II and III

Answer :

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