Single number which shows ___________ changes in a phenomenon is called an Index Number?

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...

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...

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...