A. Cost Living Index number
B. Whole Sale Index number
C. weighted Index Number
D. Consumer Index Number
Index Number
Index Number Mcqs
A. Kind
B. Chain relative
C. Purpose
D. Price
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
A. The Laspeyres price index
B. The Paasche quantity index
C. The Laspeyres quantity index
D. The Paasche price index
A. Aggregate index numbers
B. Weighted index numbers
C. Weighted price index only
D. Weighted quantity index only
A. Ignores relative quantities
B. Compares relative quantities to relative prices
C. Compares absolute prices to absolute quantities
D. Compares relative quantities
A. Price decrease
B. Price absolute
C. Price increase
D. Price relative
A. 100
B. 200
C. The price of that year
D. None of these
A. ∑pn/∑po x100
B. pn/po x100
C. pn/pn-1 x100
D. Both (a) and (b) but not (c)
A. ∑pnqo/∑poqo
B. ∑pnqo/∑pnqo x100
C. ∑pnqn/∑poqo
D. ∑pnqn/∑poqn x100
