This topic contains a solution. Click here to go to the answer

Author Question: The Laspeyres price index has the disadvantage that the consumption pattern in the initial period ... (Read 86 times)

jace

  • Hero Member
  • *****
  • Posts: 541
The Laspeyres price index has the disadvantage that the consumption pattern in the initial period might be quite different from that in the current period and, hence, does not reflect accurately the current consumption cost.
 
  Indicate whether the statement is true or false

Question 2

The Paasche price index has the disadvantage that current consumption quantities are usually hard to obtain.
 
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

meganmoser117

  • Sr. Member
  • ****
  • Posts: 303
Answer to Question 1

TRUE

Answer to Question 2

TRUE




jace

  • Member
  • Posts: 541
Reply 2 on: Jun 24, 2018
Excellent


DylanD1323

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

The longest a person has survived after a heart transplant is 24 years.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

Cyanide works by making the human body unable to use oxygen.

For a complete list of videos, visit our video library