Question # 1

Theoretically best average used in the construction of composite index in

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The arithmetic mean

The geometric mean

The median

The harmonic mean

In fixed base method, the base period should be.

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Far away

Normal

Un reliable

Abnormal

When the base year values are used as weights, the weighted average of relatives price index is the same as.

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the paache's index

The laspeyres index

The unweighted average of relatives price index

None of these

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The Laspeyres index

The Paasches index

The value index

None of these

For computing chain index , we compute

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Price relative

Link relative

Weighted indices

None of these

Consumer price indexis obtained by.

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Paache's formula

Marshall Edgeworth formula

Fisher's ideal formula

Family Budget Method formula

The most suitable average for computing of index number is:

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A.M

G.M

Median

H.M

Paasche's index is also called

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Consumer price index

Current year price

Simple index

Cost of consumption

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

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Laspeyres' method

Paache's method

Fisher's method

Marshall -Edge worth's method

Importance of commodity is its

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Quantity

Quality

Weight

Price

When all the commodities are not of equal importance, the index numbers are called.

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Simple

Weighted

Value

Un weighted

Link relataives can be obtained dividing Pn by

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Po

P n-1

qo

qn-1

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

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

If Laspeyre's index numebr is 200, Paasche's index numebr is 200 , then Fisher's index numebr is.

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100

200

Zero

1000

Which of the following methods uses quantities consumed in the base period when computing a weighted index.

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Laspeyree'method

Paasche's method

Fisher's method

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

Which index number has a wide soope

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Special

General

Price

Quantity

The volume or quantity of goods are compared by_______

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Price index number

Volume index number

Quantity

None of these

Which is the most suitabel average in chain base method.

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Arithemetic mean

Median

Geometric mean

Weighted arithmetic mean

The weights used in a price index are.

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Percentage of total price

Average of prices

Quantities

None of these

The change is whole sale or retail are studied ___________

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Price index number

Quantity index number

Volume index number

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

Both quantities and prices are used in

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Link relatives

Chain relatives

Average of relatives

Aggregative index numbers

Price relatives is a ratio of current year price and.

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Base year quantity

Previous year quantity

Base year price

Current year quantity

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