Advertisements
Advertisements
Question
Choose the correct alternative:
Fisher’s Price Index Number is
Options
`sqrt("P"_(01)("L") xx "P"_(01)("P"))`
P01(L) × P01(P)
`sqrt("P"_(01)("L") xx "P"_(01)("P")) xx 100`
`sqrt("P"_(01)("L") + "P"_(01)("P"))`
Advertisements
Solution
`sqrt("P"_(01)("L") xx "P"_(01)("P"))`
APPEARS IN
RELATED QUESTIONS
Calculate Laspeyre’s, Paasche’s, Dorbish-Bowley’s, and MarshallEdgeworth’s Price index numbers.
| Commodity | Base Year | Current Year | ||
| Price | Quantity | Price | Quantity | |
| A | 8 | 20 | 11 | 15 |
| B | 7 | 10 | 12 | 10 |
| C | 3 | 30 | 5 | 25 |
| D | 2 | 50 | 4 | 35 |
Calculate Walsh’s Price Index Number.
| Commodity | Base Year | Current Year | ||
| Price | Quantity | Price | Quantity | |
| I | 10 | 12 | 20 | 9 |
| II | 20 | 4 | 25 | 8 |
| III | 30 | 13 | 40 | 27 |
| IV | 60 | 29 | 75 | 36 |
If ∑p0q0 = 140, ∑p0q1 = 200, ∑p1q0 = 350, ∑p1q1 = 460, find Laspeyre’s, Paasche’s, Dorbish-Bowley’s and Marshall-Edgeworth’s Price Index Numbers.
Given that ∑p0q0 = 220, ∑p0q1 = 380, ∑p1q1 = 350 and Marshall-Edgeworth’s Price Index Number is 150, find Laspeyre’s Price Index Number.
If Laspeyre's Price Index Number is four times Paasche's Price Index Number, then find the relation between Dorbish-Bowley's and Fisher's Price Index Numbers.
If Dorbish-Bowley's and Fisher's Price Index Numbers are 5 and 4, respectively, then find Laspeyre's and Paasche's Price Index Numbers.
Paasche’s Price Index Number is given by ______.
Choose the correct alternative :
Marshall-Edgeworth’s Price Index Number is given by
Choose the correct alternative :
Walsh’s Price Index Number is given by
`(sump_1q_0)/(sump_0q_0) xx 100` is Paasche’s Price Index Number.
State whether the following is True or False :
`sum("p"_1"q"_1)/("p"_0"q"_1)` is Laspeyre’s Price Index Number.
`(sum"p"_0sqrt("q"_0"q"_1))/(sum"p"_1sqrt("q"_0"q"_1)) xx 100` is Walsh’s Price Index Number.
Solve the following problem :
Calculate Dorbish-Bowley’s Price Index Number for the following data.
| Commodity | Base Year | Current Year | ||
| Price p0 |
Quantity q0 |
Price p1 |
Quantity q1 |
|
| I | 8 | 30 | 11 | 28 |
| II | 9 | 25 | 12 | 22 |
| III | 10 | 15 | 13 | 11 |
Solve the following problem :
Find x if Paasche’s Price Index Number is 140 for the following data.
| Commodity | Base Year | Current Year | ||
| Price p0 |
Quantity q0 |
Price p1 |
Quantity q1 |
|
| A | 20 | 8 | 40 | 7 |
| B | 50 | 10 | 60 | 10 |
| C | 40 | 15 | 60 | x |
| D | 12 | 15 | 15 | 15 |
Solve the following problem :
Given that Laspeyre’s and Paasche’s Price Index Numbers are 25 and 16 respectively, find Dorbish-Bowley’s and Fisher’s Price Index Number.
If Laspeyre’s and Dorbish’s Price Index Numbers are 150.2 and 152.8 respectively, find Paasche’s Price Index Number.
Solve the following problem :
Given that `sum "p"_0"q"_0 = 130, sum "p"_1"q"_1 = 140, sum "p"_0"q"_1 = 160, and sum "p"_1"q"_0 = 200`, find Laspeyre’s, Paasche’s, Dorbish-Bowley’s, and Marshall-Edgeworth’s Price Index Numbers.
Choose the correct alternative:
Walsh's Price Index Number is given by
Marshall-Edgeworth's Price Index Number is given by ______
State whether the following statement is True or False:
Walsh’s Price Index Number is given by `(sum"p"_1sqrt("q"_0"q"_1))/(sum"p"_0sqrt("q"_0"q"_1)) xx 100`
Calculate Walsh’s price Index Number for the following data.
| Commodity | Base Year | Current Year | ||
| Price | Quantity | Price | Quantity | |
| I | 10 | 12 | 40 | 3 |
| II | 20 | 2 | 25 | 8 |
| III | 30 | 3 | 50 | 27 |
| IV | 60 | 9 | 90 | 36 |
If P01(L) = 40 and P01(P) = 90, find P01(D-B) and P01(F).
State whether the following statement is true or false:
Dorbish-Bowley's Price Index Number is the square root of the product of Laspeyre's and Paasche's Index Numbers.
If P01 (L) = 121, P01 (P) = 100, then P01 (F) = ______.
