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  • Question 1
    1 / -0

    Using $$2005$$ as base year , the price of a commodity in $$2006$$ are 118. Calculate the index number for 2005 if 2006 is taken as the base year.

  • Question 2
    1 / -0

    Calculate price index for the following data by applying weighted average of price relative method.

    ItemPrice in 1991 (Rs)Price in 1992 (Rs)Quantity in 1991
    wheat2.002.5040 kg
    sugar3.003.2520 kg
    Milk1.501.7510 litre

  • Question 3
    1 / -0

    The formula for a simple aggregative price index is:

  • Question 4
    1 / -0

    Directions For Questions

    ItemsBase Year

    		Base Year

    		Current Year Current Year
    $$P_{0} (Rs.)$$$$Q_{0}$$$$P_{1}(Rs.)$$$$Q_1$$
    $$A$$$$4$$$$20$$$$10$$$$15$$
    $$B$$$$8$$$$4$$$$16$$$$5$$
    $$C$$$$2$$$$10$$$$4$$$$12$$
    $$D$$$$10$$$$5$$$$20$$$$6$$

    ...view full instructions

    Calculate Fisher Price Index Number.

  • Question 5
    1 / -0

     _______ is used in calculating the purchasing power of money and real wage.

  • Question 6
    1 / -0

    Index nos. show _______ changes rather than absolute amounts of change.

  • Question 7
    1 / -0

    Laspeyre's index and Dorbish/Bowley index of a city for the year 2008 are $$104.8$$ and $$111.9$$, find the index number under Paache's method___.

  • Question 8
    1 / -0

    An index number of 250 indicates that __________. 

  • Question 9
    1 / -0

    Directions For Questions

    ItemsBase Year

    		Base Year

    		Current Year Current Year
    $$P_{0} (Rs.)$$$$Q_{0}$$$$P_{1}(Rs.)$$$$Q_1$$
    $$A$$$$4$$$$20$$$$10$$$$15$$
    $$B$$$$8$$$$4$$$$16$$$$5$$
    $$C$$$$2$$$$10$$$$4$$$$12$$
    $$D$$$$10$$$$5$$$$20$$$$6$$

    ...view full instructions

    Calculate Laspeyres Price Index Number.

  • Question 10
    1 / -0

    _______  index numbers measure and  permit comparison of the prices of certain goods.

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