Consumer Price Index is a. a weighted aggregate price index ...

[Zulu123]

Consumer Price Index is
 a. a weighted aggregate price index where the weight for each item is its current-period quantity.
  b. a weighted aggregate price index where the weight for each item is its last-period quantity.
  c. an index that is designed to measure changes in quantities over time.
  d. an index that is designed to measure changes in production levels over time.

Question 2

A method of assigning probabilities based upon judgment is referred to as the _____.
 a. relative frequency method
  b. probability method
  c. classical method
  d. None of the answers is correct.

[kristenb95]

Answer to Question 1

a

Answer to Question 2

d

[Zulu123]

Thanks for the timely response, appreciate it

[patma1981]

TYSM