Author Question: A Composite price index where the prices of the items in the composite are weighted by their ... (Read 169 times)

panfilo

  • Hero Member
  • *****
  • Posts: 572
A Composite price index where the prices of the items in the composite are weighted by their relative importance is called the
 a. Price relative
  b. Weighted aggregate price index
  c. Paasche index
  d. Quantity index

Question 2

A composite price index based on the prices of a group of items is known as the
 a. Group price relative
  b. Aggregate price index
  c. Laspeyres index
  d. Paasche index



asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

B

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

asdfghjkl;

  • Sr. Member
  • ****
  • Posts: 323

 

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Coca-Cola originally used coca leaves and caffeine from the African kola nut. It was advertised as a therapeutic agent and "pickerupper." Eventually, its formulation was changed, and the coca leaves were removed because of the effects of regulation on cocaine-related products.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

For a complete list of videos, visit our video library