The formula to calculate Passche price index is (o is the base year and n is the given year) ?

Related Mcqs:

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...

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

A. P = ∑Poqo/∑poqo B. P = ∑Poqo/∑pnqn C. P = ∑Pnqo/∑poqo D. P = ∑Poqn/∑poqo...

Which of the following is not a problem in comparing developed and developing countries GNP ?

A. GNP is understated for developed countries, since a number of items included in their national incomes are intermediate goods B. The economic contribution of a housewife is a peasant family may not be measured is GNP is poor country C. GNP in understated for developing countries since many of their labor intensive good have … Which of the following is not a problem in comparing developed and developing countries GNP ?Read More...

Which of the following countries is not a low-income country ?

A. Ethiopia B. Rwanda C. Somalia D. Singapore...

OPEC is the ?

A. Organization of Petroleum Exporting Country B. Organization of Pre-European Commission C. Oil Producing Economies Caucus D. Organization of Problematic Economies Committee...