Which of the Following Statements Is Correct

question 22

Multiple Choice

Which of the following statements is correct?

• A)The Paasche price index uses current period quantities as weights.
• B)The Laspeyres price index uses current period quantities as weights.
• C)The Paasche price index uses base period quantities as weight.
• D)The Laspeyres price index uses base period prices as weights.

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