| 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
|
| 2 |
Which ofthe following methods uses quantities consumed in the current period when computing a weighted index. |
- A. Laspeyres method
- B. Marshall -Edge worth's methods
- C. Peasche's method
- D. Fisher's method
|
| 3 |
Theoretically best average used in the construction of composite index in |
- A. The arithmetic mean
- B. The geometric mean
- C. The median
- D. The harmonic mean
|
| 4 |
Which of the followingindices satisfies both the time reversal and factor reversal tests. |
- A. Fisher's method
- B. Paasche's method
- C. Laspeyres method
- D. None of these
|
| 5 |
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
|
| 6 |
Index number are called: |
- A. Mathematical barometer
- B. Economic barometer
- C. Statistical barometer
- D. Both A and C
|
| 7 |
Laspeyres index number is also called as: |
- A. Base year weight index number
- B. Current year weight index number
- C. Ideal index number
- D. Fisher index number
|
| 8 |
Which of the followingindices satisfies both the time reversal and factor reversal tests. |
- A. Fisher's method
- B. Paasche's method
- C. Laspeyres method
- D. None of these
|
| 9 |
Commodities subject to considerable price variation should best be measured by |
- A. Quantity index
- B. Price index
- C. Value index
- D. None of these
|
| 10 |
Both quantities and prices are used in |
- A. Link relatives
- B. Chain relatives
- C. Average of relatives
- D. Aggregative index numbers
|