Our website is made possible by displaying online advertisements to our visitors. Please consider supporting us by whitelisting our website.

The formula for the Laspeyres price index is (o is the base year and n is the given year) ?

/ Economics Mcqs, The Meaning and Measurement of Economic Development / By
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