A weighted aggregate price index where the weight for each item is its current-period quantity is the
A) Aggregate quantity index.
B) Laspeyres index.
C) Paasche index.
D) Quantity index.

Question

Quizplus · Accepted Answer

The Paasche index is a weighted aggregate price index where the weights are the current-period quantities. This contrasts with the Laspeyres index, which uses base-period quantities as weights.

A Weighted Aggregate Price Index Where the Weight for Each