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1.The following statements relate to Paasche and Laspeyre indices.
(i) Constructing a Paasche index is generally more costly than a Laspeyre index
(ii) With a Laspeyre index, comparisons can only be drawn directly between the current year and the base year
Which statements are true?
A. Both statements are true
B. Both statements are false
C. (i) is true and (ii) is false
D. (ii) is true and (i) is false