A weighted aggregate Price Index, where the weight for each item is its base period quantity, is known as:
A. Laspeyres Index
B. Producer Price Index
C. Consumer price Index
D. Paasche Index
Answer:A
A weighted aggregate Price Index, where the weight for each item is its base period quantity, is known as:
A. Laspeyres Index B. Producer Price Index C. Consumer price Index D. Paasche Index