| 1 |
To measrue how much the cost of some variable changes over time you would use. |
- A. A volue inxex
- B. An inflation index
- C. A quantity index
- D. None of these
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| 2 |
the base period can be described as a normal period if |
- A. it is neither the peak nor the trough of a fluctuation
- B. It is the most recent period for which we have data
- C. It is the average of several consecutive pariods
- D. None of these
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| 3 |
Which of the following methods uses quantities consumed in the base period when computing a weighted index. |
- A. Laspeyree'method
- B. Paasche's method
- C. Fisher's method
- D. None of these
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| 4 |
Commodities subject to considerable price variation should best be measured by |
- A. Quantity index
- B. Price index
- C. Value index
- D. None of thes
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| 5 |
Geometric mean is a suitable average in ______ method. |
- A. Price index
- B. Chanin bases
- C. Quantity index
- D. Index mean
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| 6 |
Which of the following indices satisfies both the time reversal and factor reveral tests. |
- A. Laspeyres' index
- B. Fisher's index
- C. Paasche's index
- D. Marshall -edge worth
|
| 7 |
Both quantities and prices are used in |
- A. Link relatives
- B. Chain relatives
- C. Average of relatives
- D. Aggregative index numbers
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| 8 |
In chain base method the base period is. |
- A. Fixed
- B. Changed
- C. Constant
- D. None of these
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| 9 |
In the price relative, the given year price is divided by the _________. |
- A. Base year price
- B. Current year price
- C. Previous year price
- D. None of these
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| 10 |
Index number are called: |
- A. Mathematical barometer
- B. Economic barometer
- C. Statistical barometer
- D. Both A and C
|