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Author Question: Consumer Price Index is a. a weighted aggregate price index where the weight for each item is its ... (Read 276 times)

Zulu123

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on: Jun 24, 2018
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.


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kristenb95

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Reply #1 on: Jun 24, 2018
Answer to Question 1

a

Answer to Question 2

d


Zulu123

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

ricroger

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Reply 3 on: Yesterday
Excellent

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