The ________ index is a weighted aggregate price index.It is accurate in its calculation of the periodic prices,however 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 for weighting, making it accurate for calculating periodic prices. However, it can be difficult to compare prices across different time periods due to changes in the basket of goods.

The ________ Index Is a Weighted Aggregate Price Index