Advertisements
Advertisements
प्रश्न
Choose the correct alternative:
Consumer price index are obtained by:
पर्याय
Paasche’s formula
Fisher’s ideal formula
Marshall Edgeworth formula
Family budget method formula
Advertisements
उत्तर
Family budget method formula
APPEARS IN
संबंधित प्रश्न
______ : Base year prices :: P1 : Current year prices.
State the uses of Index Number
Explain Paasche’s price index number
Define family budget method
State the uses of cost of Living Index Number
Compute (i) Laspeyre’s (ii) Paasche’s (iii) Fisher’s Index numbers for the 2010 from the following data.
| Commodity | Price | Quantity | ||
| 2000 | 2010 | 2000 | 2010 | |
| A | 12 | 14 | 18 | 16 |
| B | 15 | 16 | 20 | 15 |
| C | 14 | 15 | 24 | 20 |
| D | 12 | 12 | 29 | 23 |
Using Fisher’s Ideal Formula, compute price index number for 1999 with 1996 as base year, given the following:
| Year | Commodity: A | Commodity: B | Commodity: C | |||
| Price (Rs.) | Quantity (kg) | Price (Rs.) | Quantity (kg) | Price (Rs.) | Quantity (kg) | |
| 1996 | 5 | 10 | 8 | 6 | 6 | 3 |
| 1999 | 4 | 12 | 7 | 7 | 5 | 4 |
Choose the correct alternative:
Cost of living at two different cities can be compared with the help of
Explain the meaning of index number.
The base year's index of a selected variable is assumed as ______.
