A Weighted Aggregate Price Index Where the Weight for Each

question 2

Multiple Choice

A weighted aggregate price index where the weight for each item is computed by using the quantities of the base period is known as the

• A)Paasche Index
• B)Simple Index
• C)Laspeyres Index
• D)Consumer Price index
• E)Producer Price index

---

Definitions:

Market-Focused

An approach or strategy that prioritizes understanding and meeting the needs and desires of customers in target markets.

Reward Allocation

The distribution of incentives or benefits among team members based on their contributions, performance, or predetermined criteria.

Resource Allocation

The process of distributing available resources among various projects, tasks, or stakeholders in an efficient manner.

Equality

it is the state of being equal, especially in status, rights, and opportunities.