A. Simple average of relatives
B. Average of weights
C. Weighted average of relatives
D. All of above
In CPI household budget method also known as:_____________? Read More »
Index Number, Statistics McqsA. Household price index
B. Retail price index
C. Both a and b
D. None of these
CPI also named as__________? Read More »
Index Number, Statistics McqsA. Quantity index number
B. Price index number
C. Value index number
D. None of these
Most commonly used index number is___________? Read More »
Index Number, Statistics Mcqs A. The Laspeyres price index
B. The Paasche price index
C. The Paasche quantity index
D. The Laspeyres quantity index
The formula ∑pnqn/poqn x100 is used to calculate? Read More »
Index Number, Statistics Mcqs A. Regards the base year quantities as fixed
B. Regards the base year price as fixed
C. Regards the current year quantities as fixed
D. non of these
The Laspeyres price index_____________? Read More »
Index Number, Statistics Mcqs A. Laspeyres Price Index
B. Financial time Index
C. Paasche Price Index
D. Retail Price Index
A. Measure the change in quantity of product
B. Measure the overall change in price of a range of products
C. Measure the overall change in quantity of range of product.
D. Measure the change in price of a product
A simple aggregate quantity index is used to______________? Read More »
Index Number, Statistics Mcqs A. To measure changes in quantity
B. To measure changes in price
C. To measure changes in a variable over time
D. To measure changes in demand
An index number is used______________? Read More »
Index Number, Statistics Mcqs A. Taking A.M. of Laspeyre’s and Paasche’s index
B. Taking G.M. of Laspeyre’s and Paasche’s index
C. Both (a) and (b)
D. None of these
Fisher’s ideal index number is also obtained by _______________? Read More »
Index Number, Statistics Mcqs A. Laspeyre’s index
B. Paasche’s index
C. Fisher’s index
D. None of these
Base year quantities are used as weights in _______________? Read More »
Index Number, Statistics Mcqs