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Author Question: Using a Paasche index to calculate the Consumer Price Index (CPI) A) weights quantities with ... (Read 128 times)

LCritchfi

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Using a Paasche index to calculate the Consumer Price Index (CPI)
 
  A) weights quantities with current prices.
  B) weights prices with base-year quantities.
  C) weights quantities with base-year prices.
  D) weights prices with current year quantities.

Question 2

Using a Laspeyres index to calculate the Consumer Price Index (CPI)
 
  A) weights quantities with current prices.
  B) weights prices with base-year quantities.
  C) weights quantities with base-year prices.
  D) weights prices with current year quantities.


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frankwu0507

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LCritchfi

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Reply 2 on: Jul 1, 2018
YES! Correct, THANKS for helping me on my review


helenmarkerine

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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