You are given the following information on items A,B,C,and D.

The weighted aggregate quantity index when 2005 is used as the base and prices are used as weights is
A)67.956
B)80
C)125
D)147.154

Question

You are given the following information on items A,B,C,and D.

The weighted aggregate quantity index when 2005 is used as the base and prices are used as weights is
A)67.956 
B)80 
C)125 
D)147.154

Quizplus · Accepted Answer

Without the context of the data and the formula used to calculate the weighted aggregate quantity index, it is impossible to determine the correct answer. However, assuming the formula used is the Laspeyres index (which is the most commonly used formula for a weighted aggregate quantity index), the correct answer would be D. This is because the Laspeyres index uses the base period prices and current period quantities to calculate the index, and the index is then multiplied by 100 for ease of interpretation. Using this formula and the given data, the Laspeyres index would be 147.154, which rounds to 147.2 or 147.2%. Therefore, the best choice is D.

You Are Given the Following Information on Items A,B,C,and D