Index no. for the base period is always taken as

Related MCQs

• If the prices of all commodities in a place have increased 1.25 times more on the base period price. The index number of prices of that place is now
• Index number is a ______________
• Index numbers are expressed:
• Index numbers help
• The best average for constructing an index numbers is _________________
• _________ play a very important part in the construction of index numbers.
• Index numbers show ____________ changes rather than absolute changes.
• Index number is equal to_________________
• Laspeyer’s index formula use the weights of the
• If the index number is independent of the units of measurement ,then it satisfies