Base year quantities are used as weights in _______________?

Related Mcqs:

1. Ratio between given year and base year is called __________ in percentage?

   A. Price relative
   B. Link relative
   C. Retail prices
   D. None of these

2. In Chain base method, the base period is ________________?

   A. Fixed
   B. Constant
   C. Change
   D. None of these

3. The weights of students in a college/school is a___________?

   A. Discrete Variable
   B. Continuous Variable
   C. Qualitative Variable
   D. None of these

4. The index number of base period is always:_______________?

   A. 100
   B. 200
   C. The price of that year
   D. None of these

5. The ratio of a new price to the base year price is called the___________?

   A. Price decrease
   B. Price absolute
   C. Price increase
   D. Price relative

6. The object of Index number also determines its _______________?

   A. Index Number
   B. Special purpose
   C. Reliable
   D. Scope

7. The weighty system changed with _______________?

   A. Yearly
   B. Basely
   C. Timely
   D. Averagely

8. 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

9. Fisher’s ideal index number is also obtained by _______________?

   A. Taking A.M. of Laspeyre’s and Paasche’s index
   B. Taking G.M. of Laspeyre’s and Paasche’s index
   C. Both (a) and (b)
   D. None of these

10. Qon means _________ for the given year?

    A. Price
    B. Commodity
    C. Quantity in current
    D. Quantity Index