MCQOPTIONS
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| 1. |
The formula to calculate Passche price index is (o is the base year and n is the given year) ? |
| A. | P = ΣPnqn/Σpoqn |
| B. | P = ΣPoqo/Σpnqn |
| C. | P = ΣPnqo/Σpoqo |
| D. | P = ΣPnqn/Σpoqo |
| Answer» B. P = ΣPoqo/Σpnqn | |