The Laspeyres price index_____________?

Related Mcqs:

1. 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...

2. 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...

3. 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...

4. Price in proceeding year used in the method is called __________?

   A. Fixed Method B. Chain Method C. Aggregation Method D. Volume...

5. 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...

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

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

7. 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...

8. 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...

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

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

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

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