__________ also known as the cost of living index.
Industrial production index
Weighted index
Consumer price index (CPI)
Price index
In a ______________ index weights may be determined by the proportion or percentage of expenditure on them in total expenditure during the base period.
weighted price relative index
wholesale price index
Consumer price index
Many methods have been given below for constructing index number of price. Which is the Laspeyres method:
A consumer price index measures changes in:
Retail prices
Whole sale prices
Production prices
In general, inflation is calculated by using:
Wholesale price index
Consumer prices index
Producer's price index
What is the full form of CPI ?
Consumption permanant income
Consumer permenant income
Consumer permanant index
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
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.
The formula for a simple aggregative price index is
