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The Laspeyres price index regards the ___________. a. base year quantities and base year prices fixed b. base year quantities as fixed c. base year prices as fixed d. current year quantities as fixed

Question

The Laspeyres price index regards the ___________. a. base year quantities and base year prices fixed b. base year quantities as fixed c. base year prices as fixed d. current year quantities as fixed

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Solution

The correct answer is b. The Laspeyres price index regards the base year quantities as fixed.

Similar Questions

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