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
Wholesale price index
Consumer price index
What is the full form of CPI?
Consumption permanant income
Consumer permanent income
Consumption price income
_____________ numbers measure the changes in the physical volume of production.
Quantity index
Price index
Index
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.
The whole sale price index number indicates the _______ in the general price level.
Constant
Stable
Change
None of these
The formula for a weighted aggregative price index is.
In general, inflation is calculated by using:
Consumer prices index
Producer's price index
As index number which accounts for the relative importance of the items is known as:
Weighted Index
Simple aggregative Index
Simple average of relatives
A consumer price index measures changes in:
Retail prices
Whole sale prices
Production prices
Many methods have been given below for constructing index number of price. Which is the Laspeyer's method:
