| 1 |
Theoretically best average used in the construction of composite index in |
- A. The arithmetic mean
- B. The geometric mean
- C. The median
- D. The harmonic mean
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| 2 |
When all the commodities are not of equal importance, the index numbers are called. |
- A. Simple
- B. Weighted
- C. Value
- D. Un weighted
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| 3 |
If an unweighed average of revalives index pn/po x 100 is calculated for each product in the compostive, what is then done with these values to finish the calculation. |
- A. The values are multiplied together.
- B. The largest values is found
- C. The valeus are averaged
- D. None of them
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| 4 |
How many basic types of index numbers. |
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| 5 |
Index number of the year text to the base year can be shown as |
- A. Q<sub>n</sub>
- B. Q<sub>on</sub>
- C. Q<sub>01</sub>
- D. Q<sub>oi</sub>
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| 6 |
The volume or quantity of goods are compared by |
- A. Price index numbers
- B. Relative index numbers
- C. Volume index numbers
- D. Paasche's index
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| 7 |
Commodities subject to considerable price variation should be best measured by |
- A. Quantity index
- B. Price index
- C. Value index
- D. None of these
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| 8 |
Composite inde numebr involves commodities. |
- A. One
- B. Two
- C. Three
- D. More than one
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| 9 |
Paasche's index is also called |
- A. Consumer price index
- B. Current year price
- C. Simple index
- D. Cost of consumption
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| 10 |
|
- A. The Laspeyres index
- B. The Paasches index
- C. The value index
- D. None of these
|