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.Management Sciences
Category: Index Number
Ratio between given year and base year is called __________ in percentage?
A. Price relative
B. Link relative
C. Retail prices
D. None of these
The Laspeyres price index_____________?
A. Regards the base year quantities as fixed
B. Regards the base year price as fixed
C. Regards the current year quantities as fixed
D. non of these
Paasche’s Index number is ______________?
A. ∑pnqo/∑poqo
B. ∑pnqo/∑pnqo x100
C. ∑pnqn/∑poqo
D. ∑pnqn/∑poqn x100
An Index number of an average quality of wheat in Lahore__________ Index?
A. Volume Index Number
B. value Index Number
C. Quantity Index Number
D. Weighted Index Number
Price in proceeding year used in the method is called __________?
A. Fixed Method
B. Chain Method
C. Aggregation Method
D. Volume
1. Nos. is a ____ for measuring changes in a variable or a group of related variables?
A. variable
B. Region of goods
C. Device
D. Cost
The formula ∑poqn/∑poqo x100 is used to calculate_______________?
A. The Laspeyres price index
B. The Paasche quantity index
C. The Laspeyres quantity index
D. The Paasche price index
Volume index in Marshall is _______________?
A. ∑pn(Po + Pn)/ ∑pn (Po + Pn)
B. ∑qn(qo + qn)/∑qn(po + pn) x100
C. ∑pn(qo + qn)/∑pn
D. ∑qn(Po + Pn)/ ∑qo (Po + Pn) x100
Volume Index in Marshall is ____________?
A. ∑Pn(Po + Pn)/∑Pn(Po + Pn)
B. ∑Pn(qo + qn)/∑Pn
C. ∑Pn(Po + Pn)/∑Pn(Po + Pn) x100
D. Non of these
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