The Laspeyres price index tends to ________ the ideal cost-of-living index.

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The Laspeyres price index tends to ________ the ideal cost-of-living index.

The Laspeyres price index tends to ________ the ideal cost-of-living index.
A) be higher than
B) be lower than
C) be equal to
D) zero faster than

Textbook

Microeconomics

Edition: 8^th

Author: Pindyck

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Satsume Author

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Thanks

deathwing

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Correct

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Good timing, thanks!

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