CPI also named as__________?

Related Mcqs:

1. In CPI household budget method also known as:_____________?

   A. Simple average of relatives
   B. Average of weights
   C. Weighted average of relatives
   D. All of above

   Submitted by: Nimra Shaheen

2. The index numbers are used to measure seasonal and cyclical variations in __________?

   A. Commodities
   B. Time Series
   C. Whole sale
   D. Realtives

3. 1. Nos. is a ____ for measuring changes in a variable or a group of related variables?

   A. variable
   B. Region of goods
   C. Device
   D. Cost

4. Index Number is an important role in the field of Economic and ________________?

   A. Science
   B. Education
   C. Intelligence
   D. Business

5. Which of the formula is used in chain indices: ________________?

   A. ∑pn/∑po x100
   B. pn/po x100
   C. pn/pn-1 x100
   D. Both (a) and (b) but not (c)

6. A scaling factor is used to_________________?

   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

7. All Index numbers are not suitable for all _________________?

   A. Kind
   B. Chain relative
   C. Purpose
   D. Price

8. 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

9. Base year quantities are used as weights in _______________?

   A. Laspeyre’s index
   B. Paasche’s index
   C. Fisher’s index
   D. None of these

10. The formula ∑pnqn/poqn x100 is used to calculate?

    A. The Laspeyres price index
    B. The Paasche price index
    C. The Paasche quantity index
    D. The Laspeyres quantity index