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Author Question: The Paasche price index reflects more accurately the consumption cost at a point in time because it ... (Read 50 times)

vicotolentino

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The Paasche price index reflects more accurately the consumption cost at a point in time because it uses the consumption quantities in the initial year as the base.
 
  Indicate whether the statement is true or false

Question 2

The Paasche price index uses the consumption quantities in the year of interest as the weights.
 
  Indicate whether the statement is true or false



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C.mcnichol98

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Answer to Question 1

FALSE

Answer to Question 2

TRUE




vicotolentino

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Reply 2 on: Jun 24, 2018
YES! Correct, THANKS for helping me on my review


blakcmamba

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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