A _______________ index is most useful if the base quantities provide a reasonable representation of consumption patterns in succeeding time periods.
A)Paasche
B)Weighted aggregate
C)Laspeyres
D)Cyclical (seasonal)

Question

Quizplus · Accepted Answer

The Laspeyres index uses base period quantities to calculate the index, making it most useful when those quantities reasonably represent consumption patterns in future periods.

A _______________ Index Is Most Useful If the Base Quantities