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.Management Sciences
Category: Index Number
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
Index Number is an important role in the field of Economic and ________________?
A. Science
B. Education
C. Intelligence
D. Business
The object of Index number also determines its _______________?
A. Index Number
B. Special purpose
C. Reliable
D. Scope
A simple aggregate quantity index is used to______________?
A. Measure the change in quantity of product
B. Measure the overall change in price of a range of products
C. Measure the overall change in quantity of range of product.
D. Measure the change in price of a product
Which of the formula is used in chain indices: ________________?
A. ∑pn/∑po x100
B. pn/po x100
C. pn/pn-1 x100
D. Both (a) and (b) but not (c)
Measure the change in quantity of goods are called ________________?
A. Simple 1. No.
B. Aggregative 1. No.
C. Appropriate
D. Quantity Index Number
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