A simple aggregate price index_____________?

Index Number 01/03/2021

A. Ignores relative quantities
B. Compares relative quantities to relative prices
C. Compares absolute prices to absolute quantities
D. Compares relative quantities

Related Mcqs:

    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...
    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...
    G.M. between __________ is called to be Fisher’s Index Number?
    A. Paasche’s Index Number B. Marshall and Laspeyr’es C. Laspeyre’s and Paasche’s D. Fisher and Paasche’s...
    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...
    The formula ∑pnqn/poqn x100 is used to calculate?
    A. The Laspeyres price index B. The Paasche price index C. The Paasche quantity index D. The Laspeyres quantity index...

Leave a Reply

Your email address will not be published. Required fields are marked *