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...

If GDP for Palau a small country near southeast of the Philippines is $130 million in 2012 and its population is 20,000 GDP per capita is ?

A. 6500 B. 130 C. 0.0065 D. 650...

Which of the following is not one of the Newly Industrialized Countries (NICs) ?

A. Japan B. South Korea C. Taiwan D. Singapore...

Which of the following statement is not true about LDCs ?

A. Most LDCs have less than 1/10 the per capita GNP of the U.S B. A greater share of GNP would have to be devoted to education to attain the same primary enrollment rates as in the U.S C. Setting up western labor standard and minimum wages in labor-abundant LDCs is sensible D. Most LDCs … Which of the following statement is not true about LDCs ?Read More...

Longevity is proxy for ________ in the Human Development Index?

A. health and nutrition B. living standard C. infant mortality D. Purchasing Power Parity...