The ________ Index Is a Weighted Aggregate Price Index

question 70

Multiple Choice

The ________ index is a weighted aggregate price index.It is accurate in its calculation of the periodic prices,however using this index it is difficult to compare the prices in different time periods.

• A)Paasche
• B)First-order autocorrelation
• C)Laspeyres
• D)Cyclical (seasonal)

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Definitions:

Formal Operations

The final stage of cognitive development (according to Piaget), characterized by the ability to think abstractly, reason logically, and manage problems systematically.

Adolescence

Period in development between the onset of puberty and adulthood. It usually begins between 11 and 13 years of age.

Freud

Sigmund Freud was an Austrian neurologist and the founder of psychoanalysis, a method for treating psychopathology through dialogue between a patient and a psychoanalyst.

Id

In psychology, a part of the mind in which innate instinctive impulses and primary processes are manifest.