A ________ index is a weighted aggregate price index. It is accurate in its calculation of periodic prices. However, when 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)

Question

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A Paasche index is a weighted aggregate price index. It is accurate in its calculation of periodic prices. However, when using this index, it is difficult to compare the prices in different time periods.

A ________ Index Is a Weighted Aggregate Price Index