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      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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