_______________ index is most useful if the base quantities provide a reasonable representation of consumption patterns in succeeding time periods.
A)Paasche
B)Weighted aggregate
C)Laspeyres
D)Cyclical (seasonal)

Question

Quizplus · Accepted Answer

The Laspeyres index is most useful when the base quantities provide a reasonable representation of consumption patterns in succeeding time periods, as it uses a fixed basket of goods from the base period to measure price changes over time.

_______________ Index Is Most Useful If the Base Quantities Provide