I Etienne Laspeyres Developed a Method in the Latter Part

question 78

Multiple Choice

i. Etienne Laspeyres developed a method in the latter part of the 19th century to determine a
Weighted index using base-period weights.
ii. If we are constructing a weighted index of the price of food for 2000 using the Laspeyres'
Method and 1982-84 = 100, we use the amounts consumed in the base period, q0, as weights.
iii. The Laspeyres' method changes in buying patterns over time.

• A) (i), (ii), and (iii) are all correct statements.
• B) (i) and (ii) are correct statements but not (iii).
• C) (i) and (iii) are correct statements but not (ii).
• D) (ii) and (iii) are correct statements but not (i).
• E) (i), (ii), and (iii) are all false statements.

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Definitions:

Theoretical Perspective

A set of assumptions, concepts, and propositions used by researchers in fields like sociology and psychology to guide their thinking and research on various phenomena.

Level of Analysis

The perspective from which a research study is approached, focusing on individual, group, institutional, or societal factors.

Theoretical Perspective

A specific set of assumptions and concepts that guide analysis and interpretation of social phenomena.

Sociology Class

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