An __________ is a a statistical device for measuring changes in the magnitude of a group of related variables.
The Aggregative method
CPI
WPI
Index number
_____________ numbers measure the changes in the physical volume of production.
Quantity index
Price index
Index
Consumer price index
__________ also known as the cost of living index.
Industrial production index
Weighted index
Consumer price index (CPI)
In general, inflation is calculated by using:
Wholesale price index
Consumer prices index
Producer's price index
The impact of change in the price of a commodity with little weight in the index will be:
Small
Large
Uncertain
Change
The formula for a simple aggregative price index is
None of these
The whole sale price index number indicates the _______ in the general price level.
Constant
Stable
What is the full form of CPI ?
Consumption permanant income
Consumer permenant income
Consumer permanant index
__________ measures price changes from the producers perspective.
Producer price index
Agricultural price index
The formula for the industrial production index is