The Cost of Living Index Number using Aggregate Expenditure Metho… - Vidyadip

MCQ

The Cost of Living Index Number using Aggregate Expenditure Method is given by

✓
$\frac{\sum p_1 q_0}{\sum p_0 q_0} \times 100$
B
$\sum \frac{p_1 q_1}{p_0 q_1} \times 100$
C
$\frac{\sum p_1 q_1}{\sum p_0 q_1} \times 100$
D
$\sum \frac{p_1 q_0}{p_0 q_0} \times 100$

✓

Answer

Correct option: A.

$\frac{\sum p_1 q_0}{\sum p_0 q_0} \times 100$

$\frac{\sum p_1 q_0}{\sum p_0 q_0} \times 100$

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