All Index numbers are not suitable for all _________________? A. Kind B. Chain relativeC. Purpose D. Price

A scaling factor is used to_________________? A. Change a simple index to a weight index B. Convert the Paasche index to a Laspeyres indexC. Change the base year D. change an aggregate index to a weighted index

The formula ∑poqn/∑poqo x100 is used to calculate_______________? A. The Laspeyres price index B. The Paasche quantity indexC. The Laspeyres quantity index D. The Paasche price index

The Laspeyres and Paasche index are examples of_________________? A. Aggregate index numbersB. Weighted index numbers C. Weighted price index only D. Weighted quantity index only

A simple aggregate price index_____________? A. Ignores relative quantities B. Compares relative quantities to relative prices C. Compares absolute prices to absolute quantities D. Compares relative quantities

The ratio of a new price to the base year price is called the___________? A. Price decrease B. Price absolute C. Price increaseD. Price relative

The index number of base period is always:_______________? A. 100 B. 200 C. The price of that year D. None of these

Which of the formula is used in chain indices: ________________? A. ∑pn/∑po x100 B. pn/po x100C. pn/pn-1 x100 D. Both (a) and (b) but not (c)

Paasche’s Index number is ______________? A. ∑pnqo/∑poqo B. ∑pnqo/∑pnqo x100 C. ∑pnqn/∑poqo D. ∑pnqn/∑poqn x100

In Chain base method, the base period is ________________? A. Fixed B. ConstantC. Change D. None of these