Question 11 MarkIf $\Sigma I W=33000$ and $\Sigma p_0 q_0=165$, find index number.Answerself learningView full question & answer→
Question 31 MarkWrite the formula of Laspeyre's index number.Answerself-learningView full question & answer→
Question 41 Mark'The price index number of ghee is $₹ 200$.' State the validity of the statement. Give the reason for your answer.Answerself-learningView full question & answer→
Question 51 MarkWrite the formula to obtain the rate of inflation.Answerself-learningView full question & answer→
Question 61 MarkWrite the formula to obtain the real wage of workers.Answerself-learningView full question & answer→
Question 71 MarkWrite the formula for the conversion of chain base index number into fixed base index number.Answerself-learningView full question & answer→
Question 81 MarkIs index number an absolute measure or a relative measure ?Answerself-learningView full question & answer→
Question 91 MarkWhy is index number called the barometer of the economy of a country ?Answerself-learningView full question & answer→
Question 101 MarkHow does the method of chain base index number differ from the method of fixed base index number?Answerself-learningView full question & answer→
Question 111 MarkHow should be the base year in the construction of index number?Answerself-learningView full question & answer→
Question 121 MarkName the important basic tests of index number.Answerself-learningView full question & answer→
Question 151 MarkIf a normal year is not available as a base year then how is the value of variable taken for the base year ?Answerself-learningView full question & answer→
Question 171 MarkState the name of an ideal index number.Answerself-learningView full question & answer→
Question 181 MarkWhich two methods are used for the selection of the base year ?Answerself-learningView full question & answer→
Question 191 MarkState the meaning of an index number.Answerself-learningView full question & answer→