Question # 1

Which index number has a wide soope

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Special

General

Price

Quantity

To measrue how much the cost of some variable changes over time you would use.

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A volue inxex

An inflation index

A quantity index

None of these

In chain base method the base period is.

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Fixed

Changed

Constant

None of these

Which ofthe following methods uses quantities consumed in the current period when computing a weighted index.

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Laspeyres method

Marshall -Edge worth's methods

Peasche's method

Fisher's method

An index having a wide scope is called:

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Price index number

General purpose index number

Special purpose index number

None of these

Which of the followingindices satisfies both the time reversal and factor reversal tests.

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Fisher's method

Paasche's method

Laspeyres method

None of these

In fixed base method, the base period should be.

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Far away

Normal

Un reliable

Abnormal

Composite inde numebr involves commodities.

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One

Two

Three

More than one

Commodities subject to considerable price variation should best be measured by

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Quantity index

Price index

Value index

None of thes

Both quantities and prices are used in:

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Link relatives

Chain relatives

Average of relatives

Aggregative index number

If all values considered in calculating an index are of equal importance, the index is

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Weighted

Simple

Un weighted

None of these

Index number of the year text to the base year can be shown as

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Q_n

Q_on

Q₀₁

Q_oi

An index that measures the change for a fixed time period is called.

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Chain base method

Fixed base method

Simple aggregative method

Cost of living method

The most suitable average for computing of index number is:

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A.M

G.M

Median

H.M

Which index numbers are used to measure the buying power of the money

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Wholesale Price index number

Money index number

Simple index number

Price index number

Which of the following indices has an upward bias.

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Laspeyres' index

Paache's index

Fisher's index

None of these

If all the values considered in calculating an inxed are of equal importance, teh index is.

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Weighted

Simple

Un weighted

None of these

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The Laspeyres index

The Paasches index

The value index

None of these

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