Q.

The product of the index number by another index number based on the same data with price and quantity interchanged should be equal to the ratio of aggregate value in the current to the aggregate value in the base year is

A. Time reversal test
B. Circular test
C. Factor Reversal Test
D. Test of proportionality
Answer» C. Factor Reversal Test
3.2k
0
Do you find this helpful?
12

Discussion

No comments yet