MCQOPTIONS
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| 1. |
The formula for the Laspeyres price index is (o is the base year and n is the given year) ? |
| A. | P = ∑Poqo/∑poqo |
| B. | P = ∑Poqo/∑pnqn |
| C. | P = ∑Pnqo/∑poqo |
| D. | P = ∑Poqn/∑poqo |
| Answer» D. P = ∑Poqn/∑poqo | |