A. Price decrease
B. Price absolute
C. Price increase
D. Price relative
Related Mcqs:
- Ratio between given year and base year is called __________ in percentage?
A. Price relative
B. Link relative
C. Retail prices
D. None of these - In Chain base method, the base period is ________________?
A. Fixed
B. Constant
C. Change
D. None of these - Base year quantities are used as weights in _______________?
A. Laspeyre’s index
B. Paasche’s index
C. Fisher’s index
D. None of these - Price in proceeding year used in the method is called __________?
A. Fixed Method
B. Chain Method
C. Aggregation Method
D. Volume - The index number of base period is always:_______________?
A. 100
B. 200
C. The price of that year
D. None of these - 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 - 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 price index_____________?
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 - Qon means _________ for the given year?
A. Price
B. Commodity
C. Quantity in current
D. Quantity Index - The average monthly production of a factory for the first 8 months is 2,500 units, and for the next 4 months the production was 1,200 units. The average monthly production of the year will be_____________?
A. 2066.55 units
B. 5031.10 units
C. 4021.12 units
D. 3012.11 units
