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Author Question: Fixed weight indexes (Read 8 times)

Shelles

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on: Apr 19, 2019

Question 1

The base year of an index is


◦ the year chosen for the weights in a fixed weight procedure.
◦ the year currently being calculated.
◦ the last year of the index.
◦ the first year of the index.

Question 2

Fixed weight indexes


◦ account for responses to supply shifts.
◦ account for response to demand shifts.
◦ generally become less accurate the farther in time they are from the base year.
◦ generally become less accurate the closer in time they are to the base year.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by Shelles on Apr 19, 2019

Mollythedog

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Shelles

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Reply 2 on: Apr 19, 2019
Excellent

JaynaD87

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

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