Which of the Following Statements Is Correct

question 19

Multiple Choice

Which of the following statements is correct?

• A)The price relative is a weighted price index.
• B)The Laspeyres price index is an unweighted price index.
• C)The Paasche price index is a weighted price index.
• D)The Fischer price index is an unweighted price index.

---

Definitions:

Progressive Tax Structure

A tax system where the tax rate increases as the taxable amount increases, placing a higher burden on wealthier individuals.

Real Incomes

Real incomes refer to the amount of goods and services that can be purchased with a given amount of money, after adjusting for inflation.

Tax Revenues

The money acquired by governments via tax collection.

Debt Financing

A method of funding in which a company borrows money to be repaid, typically with interest, at a later date.