CUET Preparation Today
A weighted aggregate price index in which the weight for each variable is considered its current period quantity is: |
Aggregate Index Consumer Price Index Laspeyres Index Paasche's Index |
Paasche's Index |
The correct answer is Option (4) → Paasche's Index $\text{Weights = current period quantities } (q_1)$ $\text{This defines Paasche’s Price Index}$ The correct answer is Paasche's Index. |
