A quantity index that is designed to measure changes in physical volume or production levels of industrial goods over time is known as the

Related MCQs

• An index that is designed to measure changes in quantities over time is known as the
• 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
• Paasche index was developed by ______economist Hermann Paasche for measuring current price or quantity levels relative to those of a selected base period
• A monthly price index that measures the changes in the prices of goods sold in a primary market is known as the
• In computing Index Numbers, ___________ is concerned with the measurement of price changes over a period of years, when it is desirable to shift the base
• A weighted aggregate price index where the weight for each item is its base period quantity is known as the
• The time series component that indicates a steady increase or decrease over time is known as a ____________
• A simple aggregate quantity index is used to:
• ________was developed to measure changes in the cost of living in order to determine the wage increases necessary to maintain a constant standard of living.
• ____________ measure of living costs based on changes in retail prices