Fisher's Ideal Formula for calculating index nos. satisfies the________ tests

Related MCQs

• _______________ is particularly suitable for the construction of index nos
• Index nos. are often constructed from the
• Laspeyre's formula does not obey
• The formula should be independent of the unit in which or for which price and quantities are quoted in
• An index number is used:
• A simple aggregate quantity index is used to:
• A simple aggregate price index:
• This index measures the change from month to month in the cost of a representative ‘basket’ of goods and services of the type bought by a typical household
• The Laspeyres and Paasche index are examples of:
• The Laspeyres price index: