If the Laspeyres price index for a basket of goods is 128 and the Paasche price index for the same basket of goods for the same time period is 119, which of the following is the value of the Fischer price index, the geometric mean of these two indices? $\begin{array}{|l|l|}
\hline A&\text { 123.5}\
\hline B&\text { 9}\
\hline C&\text {123.42 }\
\hline D&\text {None of these choices are correct. }\
\hline
\end{array}$

Question

If the Laspeyres price index for a basket of goods is 128 and the Paasche price index for the same basket of goods for the same time period is 119, which of the following is the value of the Fischer price index, the geometric mean of these two indices? $\begin{array}{|l|l|}
\hline A&\text { 123.5}\
\hline B&\text { 9}\
\hline C&\text {123.42 }\
\hline D&\text {None of these choices are correct. }\
\hline 
\end{array}$

Quizplus · Accepted Answer

The Answer is C

If the Laspeyres Price Index for a Basket of Goods