Unweighted aggregate price indices account for differences in the magnitude of prices per unit and differences in the consumption levels of the items in the market basket.
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Q182: A simple price index tracks the price
Q183: For a price index,it is preferable to
Q184: The base period for a simple price
Q185: The more expensive commodities are overly influential
Q186: The changes in the price of the
Q188: The Laspeyres price index is a form
Q189: The Paasche price index is a form
Q190: The Laspeyres price index uses the initial
Q191: The Paasche price index uses the consumption
Q192: The Paasche price index reflects more accurately
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