Which of the Following Statements Is True About the Comparison

question 88

Multiple Choice

Which of the following statements is true about the comparison between the Laspeyres and Paasche indices?

• A) The Laspeyres index is more expensive to compute than the Paasche index.
• B) The data requirements are more stringent for the Laspeyres index than for the Paasche index.
• C) Unlike the Laspeyres index, the Paasche index incorporates current expenditure patterns of consumers.
• D) Unlike the Paasche index, the Laspeyres index requires that the weights be updated each year and the index numbers be recomputed for all of the previous years.

---

Definitions:

Galinsky

Refers to Ellen Galinsky, an author and researcher known for her work on child development, parenting, and work-family balance issues.

Divorce Guidelines

Rules or advice designed to manage the legal and emotional proceedings involved in ending a marriage.

Stay-At-Home Parents

Individuals who choose to not work outside the home in order to focus on caring for their children and managing their household.

Positive Effect

The beneficial impact or positive outcome resulting from a particular action, behavior, or policy.