Paasche's Price Index uses weights from which period?

Type: MCQ • Marks: 1

A. Current year prices

B. Constant weights

C. Current year quantities

D. Base year quantities

Explanation

Paasche's index formula (P = Σ(P1*Q1) / Σ(P0*Q1) * 100) uses current year quantities (Q1) as weights.

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UP TGT Mathematics

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