Economics · Macroeconomics
The Laspeyres price index formula serves as the foundational method for calculating which of the following economic indicators?
- 1GDP Deflator
- 2Consumer Price Index (CPI)✓
- 3Gross National Product (GNP)
- 4Nominal Exchange Rate
Correct answer
Consumer Price Index (CPI)
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Preparing for Economics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Want more practice questions on Macroeconomics?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Economics · Macroeconomics