A. Regards the base year quantities as fixed
B. Regards the base year price as fixed
C. Regards the current year quantities as fixed
D. non of these
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 - The Laspeyres and Paasche index are examples of_________________?
A. Aggregate index numbers
B. Weighted index numbers
C. Weighted price index only
D. Weighted quantity index only - 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 - Price in proceeding year used in the method is called __________?
A. Fixed Method
B. Chain Method
C. Aggregation Method
D. Volume - Consumer price Index Number also called _________ is designed to measure changes?
A. Cost Living Index number
B. Whole Sale Index number
C. weighted Index Number
D. Consumer Index Number - The index numbers are used to measure seasonal and cyclical variations in __________?
A. Commodities
B. Time Series
C. Whole sale
D. Realtives - 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 - 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 - The object of Index number also determines its _______________?
A. Index Number
B. Special purpose
C. Reliable
D. Scope - Base year quantities are used as weights in _______________?
A. Laspeyre’s index
B. Paasche’s index
C. Fisher’s index
D. None of these
