The Laspeyres and Paasche index are examples of:

Related MCQs

• Paasche index was developed by ______economist Hermann Paasche for measuring current price or quantity levels relative to those of a selected base period
• The Laspeyres price index:
• Laspeyre's method and Paasche's method do not satisfy
• Celsius and Fahrenheit temperature scales are examples of interval levels of measurement
• This index measures the change from month to month in the cost of a representative ‘basket’ of goods and services of the type bought by a typical household
• The index number for the price of a good in 2002 was 142 and in 2003, it was 148.5, on a base year of 1994. What is the percent increase in price of gasoline from 2002 to 2003
• A monthly price index that uses the price changes in consumer goods and services for measuring the changes in consumer prices over time is known as the
• An index number is used:
• A simple aggregate quantity index is used to:
• A simple aggregate price index: