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

Quizplus · Accepted Answer

The Paasche index is a weighted aggregate price index that uses current period quantities as weights, making it accurate for calculating periodic prices. However, it can be difficult to compare prices across different time periods because the weights change with each period.

A ____________ Index Is a Weighted Aggregate Price Index