A weighted aggregate price index in whic

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Target Exam

CUET

Subject

-- Mathematics - Section B2

Chapter

Index Numbers and Time Based Data

Question:

A weighted aggregate price index in which the weight for each variable is considered its current period quantity is:

Options:

Aggregate Index

Consumer Price Index

Laspeyres Index

Paasche's Index

Correct Answer:

Paasche's Index

Explanation:

The correct answer is Option (4) → Paasche's Index