General Studies · Index Numbers
Which of the following statements about index numbers is/are correct? 1. Index numbers measure changes over time. 2. Laspeyres index uses current year quantities as weights. 3. Paasche index uses current year quantities as weights.
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 11, 2 and 3
- 22 and 3 only
- 31 and 3 only✓
- 41 and 2 only
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1 and 3 only
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