Question

    If price of all commodities rise in the same proportion

    then,
    A The Laspeyre and Paasche Index are equal Correct Answer Incorrect Answer
    B The Laspeyre index is greater than Paasche Index. Correct Answer Incorrect Answer
    C The Laspeyre is smaller than Paasche Index. Correct Answer Incorrect Answer
    D None of these Correct Answer Incorrect Answer
    E Insufficient information Correct Answer Incorrect Answer

    Solution

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