Introduction to...

____ does not study individual cases

Index numbers helps in …………….

Suppose we want to know the average changes in the price of a set of commodities in 2010 with respect to the prices of same set of commodities in 2008. In this case what will be the base year?

The industrial development of a country is reflected by ……………

Laspeyre’s index formula uses the weights of the

In index numbers, price in the base year is denoted by ……….

Base year in an index number should be an year in which theses are

A composite price index based on the prices of a group of items is known as the

A composite price index where the prices of the items in the composite are weighted by their relative importance is known as the

In Laspear’s Index number _____ year quantities are used

____ is a special type of average which provides a measurement of relative changes from time to time or from place to place.

The weights used in Passche’ s formula belong to

A monthly price index that uses the price changes in consumer goods and services for measuring the changes in consumer prices over time is known as the

The base year of IIP is

Comparison is made between base year and ___________is called index number of prices

____ serves as an economic barometer

From the following which is not a kind of index number

Index numbers are expressed in

____ mean importance assigned to different commodities included in the index

Commodities which show considerable price fluctuations could be best measured by a…………….

Index Number reveals the state of

An index that is designed to measure changes in quantities over time is known as the

Match the following. Options are as follows

The base year for index numbers should be………….

An appropriate method for working out consumer price index is