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
Related Mcqs:
- A simple aggregate price index_____________?
A. Ignores relative quantities
B. Compares relative quantities to relative prices
C. Compares absolute prices to absolute quantities
D. Compares relative quantities - An Index number of an average quality of wheat in Lahore__________ Index?
A. Volume Index Number
B. value Index Number
C. Quantity Index Number
D. Weighted Index Number - Which of the following is simple hypothesis___________________?
A. u = 20
B. u ≠ 20
C. u 20 - Measure the change in quantity of goods are called ________________?
A. Simple 1. No.
B. Aggregative 1. No.
C. Appropriate
D. Quantity Index Number - The index numbers are used to measure seasonal and cyclical variations in __________?
A. Commodities
B. Time Series
C. Whole sale
D. Realtives - Index Number is an important role in the field of Economic and ________________?
A. Science
B. Education
C. Intelligence
D. Business - Paasche’s Index number is ______________?
A. ∑pnqo/∑poqo
B. ∑pnqo/∑pnqo x100
C. ∑pnqn/∑poqo
D. ∑pnqn/∑poqn x100 - The object of Index number also determines its _______________?
A. Index Number
B. Special purpose
C. Reliable
D. Scope - An Index number which measure the change of a _____ is called Aggregative 1. No?
A. Industrial activity
B. Retail price
C. Cost of living
D. Goods consumed - Volume index in Marshall is _______________?
A. ∑pn(Po + Pn)/ ∑pn (Po + Pn)
B. ∑qn(qo + qn)/∑qn(po + pn) x100
C. ∑pn(qo + qn)/∑pn
D. ∑qn(Po + Pn)/ ∑qo (Po + Pn) x100
