A. The Laspeyres price index
B. The Paasche price index
C. The Paasche quantity index
D. The Laspeyres quantity index
Index Number
This index measure the change from month to month in the cost of a representative ‘basket’ of goods and services of the type bought by a typical household?
A. Laspeyres Price Index
B. Financial time Index
C. Paasche Price Index
D. Retail Price Index
Single number which shows ___________ changes in a phenomenon is called an Index Number?
A. Overall
B. Same
C. Variation
D. Capable
A scaling factor is used to_________________?
A. Change a simple index to a weight index
B. Convert the Paasche index to a Laspeyres index
C. Change the base year
D. change an aggregate index to a weighted index
The Index number are used to measure seasonal and cyclical variations in ____________?
A. Wholesale
B. Relatives
C. commodities
D. Time series
Base year quantities are used as weights in _______________?
A. Laspeyre’s index
B. Paasche’s index
C. Fisher’s index
D. None of these
In Chain base method, the base period is ________________?
A. Fixed
B. Constant
C. Change
D. None of these
Consumer price Index Number also called _________ is designed to measure changes?
A. Cost Living Index number
B. Whole Sale Index number
C. weighted Index Number
D. Consumer Index Number
Weighted Index number can be classified into _________ categories?
A. Four
B. Three
C. Five
D. Two
Qon means _________ for the given year?
A. Price
B. Commodity
C. Quantity in current
D. Quantity Index
