The wholesale price index.
Measures changes in the level of industrial production.
Indicates changes in the general price level.
Is considered the appropriate for the computation of Dearness Allowances ( DA) of employees
Measures the economic growth of a country.
_____ is a general and continuing increase in prices.
Inflation
Deflation
Income
All of above
A consumer price index measures changes in:
Retail prices
Whole sale prices
Production prices
Price index
The whole sale price index number indicates the _______ in the general price level.
Constant
Stable
Change
None of these
In general, inflation is calculated by using:
Wholesale price index
Consumer prices index
Producer's price index
__________ measures price changes from the producers perspective.
Agricultural price index
Consumer price index
Many methods have been given below for constructing index number of price. Which is the Laspeyer's method:
In a ______________ index weights may be determined by the proportion or percentage of expenditure on them in total expenditure during the base period.
Industrial production index
Weighted price relative index
The impact of change in the price of a commodity with little weight in the index will be:
Small
Large
Uncertain
As index number which accounts for the relative importance of the items is known as:
Weighted Index
Simple aggregative Index
Simple average of relatives
