The formula for the Laspeyres price index is (o is the base year and n is the given year) ?

Related Mcqs:

Lespeyres type indexes use weights from_____________?

A. current period B. base-period C. forecasting D. future year...

The World Bank’s GNP per capita classification for low income middle income and high income countries respectively is ?

A. less than $900, $900-$9000 and more than $9000 B. less than $5000, $5000-$15000 and more than $15000 C. less than $100, $100-$1000 and more than $1000 D. less than $5000, $5000-$150000 and more than $150000...

If GDP for Barbados is $260 million in 2011 and its population is 260,000 GDP per capita is ?

A. 1000 B. 260 C. 0.001 D. 259740...

Economic growth from current year (c) to previous year (p) is given by ?

A. [(GDPc – GDPp)/ DGPp]100 B. [(GDPc – GDPp) DGPp]100 C. GNPc – DGPp100) D. [GDPp – GDPc]100...

The University of Pennsylvania researchers Summers and Heston compute the price level of GDP as the ratio of purchasing power parity (PPP) exchange rate to the actual exchange rate where ?

A. both exchange rates are measured s the domestic currency price of the US-dollar B. both exchange rates are not converted into international dollars C. both exchange rate are pegged D. both exchange rate are converted into Big Mac PPP formula...