The distinctive feature of the ______ index is that it uses a group of commoditiespurchased in the base period as the basis for comparison

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Question:

The distinctive feature of the ______ index is that it uses a group of commoditiespurchased in the base period as the basis for comparison

A.

paasche’s

B.

laspeyres

C.

fisher’s

D.

dorbish-bowley

Answer» b. laspeyres

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