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Remember that the Laspeyres price index uses the old quantities for the weights.In 1971, good x cost 3 and good y cost 1.The current price of good x is 3 and the current price of good y is 5.In 1971 the consumption bundle was(x,y) =(3,5).The current consu

Remember that the Laspeyres price index uses the old quantities for the weights.In 1971, good x cost 3 and good y cost 1.The current price of good x is 3 and the current price of good y is 5.In 1971 the consumption bundle was(x,y) =(3,5).The current consumption bundle is(x,y) =(9 ,4).The Laspeyres index of current prices relative to 1971 prices is closest to which of the following numbers?
A.3.36
B.2.43
C.0.30
D.1.52
正确答案:2.43