The Paasche index uses _________ weights?

Related Mcqs:

1. In the Px = export price index, Pm = import price index, Qx = export quantity index,and Qm = import quantity index. Developing countries tend to maintain that their commodity term of trade have declined over the long run suggesting that _________ has declined?

   A. Px/Pm
   B. Pm/Px
   C. (Pm/Px)Qm
   D. (Px/Pm)Qx

2. Lespeyres type indexes use weights from_____________?

   A. current period
   B. base-period
   C. forecasting
   D. future year

3. The Human Development Index (HDI) summarizes a great deal of social performances in a single composite index combining ?

   A. disparity reduction rate, human resource development rate and the composite index
   B. longevity, education and living standard
   C. minimum schooling, adult literacy and tertiary educational attainment
   D. human resource training development and R&D

4. How is known the process in which an investment company continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies ?

   A. combine fund
   B. Mutual fund
   C. Liquid fund
   D. Stock holding company

5. David Ricardo’s theory in favor of free trade uses the ideal of ?

   A. absolute advantage
   B. mutual advantage
   C. multilateral advantage
   D. comparative advantage

6. If a cobbler buys leather for Rs100 and thread for Rs50 and uses them to produce and sell Rs500 worth of shoes to consumers the contribution to GDP is ?

   A. Rs50
   B. Rs100
   C. Rs650
   D. Rs500

7. New classical economists advocate reducing welfare payments to people who are unemployed or single parents. The economic reasoning uses was that this would ?

   A. reduce poverty
   B. reduce unemployment
   C. weaken the power of trade unions
   D. help small businesses

8. Rolls Royce uses which of the following distribution formats ?

   A. Intensive distribution
   B. Exclusive distribution
   C. Selective distribution
   D. Open distribution

9. If Honda uses its company name to cover such different products as its automobile’s lawn mowers and motorcycles, it is practicing which of the following strategies ?

   A. new brand strategy
   B. line extension strategy
   C. multiband strategy
   D. brand extension strategy

10. Land will be allocated between competing uses so that ?

    A. housing gets priority
    B. industry gets priority
    C. farming gets priority
    D. the equilibrium rental rate equilibrium total demand with supply