Since the ____________ index employs the base period quantities in all succeeding periods,it allows for ready comparisons for identical quantities of goods purchased between the base period and all succeeding periods.
A)Simple
B)Aggregate
C)Laspeyres
D)Paasche
E)Quantity

Question

Quizplus · Accepted Answer

The Laspeyres index is a type of price index that uses the base period quantities to compare them to all succeeding periods. This means that the Laspeyres index allows for comparisons of identical quantities of goods purchased between the base period and all succeeding periods.

Since the ____________ Index Employs the Base Period Quantities in All