Index numbers are useful only when data can be expressed in

Related MCQs

• Index numbers are expressed in:
• 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
• What type of index number can help the government to formulate its price policies and to take appropriate economic measures to control prices?
• In simple linear regression, the numbers of unknown constants are:
• In simple regression equation, the numbers of variables involved are:
• In a multiplicative model the seasonal effects are expressed as
• Fisher's index number is the
• Which of the following is an ideal index number?
• Laspeyres' index number may be said to give
• Laspeyres' index formula uses the weight of the