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The Laspeyres price index:

Question:

The Laspeyres price index:

A.

regards the current year quantities as fixed

B.

regards the base year quantities as fixed

C.

regards the base year prices as fixed

D.

regards the current quality as fixed

Answer» b. regards the base year quantities as fixed

Note: The above multiple-choice question is for all general and Competitive Exams in India