Question

the laspeyres price index is a weighted aggrigate index in which the weights are based on​

Answer 1

Answer:

The question it answers is how much a basket that consumers bought in the base period would cost in the current period. It is defined as a fixed-weight, or fixed-basket, index that uses the basket of goods and services and their weights from the base period. It is also known as a “base-weighted index”.23-Aug-2018